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Economic models of technological change theory and application by Rajeev K. Goel

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Published by Quorum Books in Westport, Conn .
Written in English


  • Technological innovations -- Economic aspects.,
  • Research, Industrial -- Economic aspects.

Book details:

Edition Notes

Includes bibliographical references (p. [111]-122) and indexes.

StatementRajeev K. Goel.
LC ClassificationsHC79.T4 G63 1999
The Physical Object
Paginationxi, 131 p. :
Number of Pages131
ID Numbers
Open LibraryOL364289M
ISBN 101567202128
LC Control Number98024562

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An area of neglect in much of current economic theory has been its lack of attention to the impact of technological innovation on the structure and behavior of firms and the market. This book is a 5/5(2). In the reframed model, technological change, microeconomic imbalances, weaknesses in accountability, and distributional politics help to generate financial change and .   The Theory of Technological Change and Economic Growth book. The Theory of Technological Change and Economic Growth. DOI link for The Theory of Technological Change and Economic Growth. All of the major, relevant models are discussed, including those of Kuznets and Phelps, but throughout the emphasis is on the creation of a unified Cited by:   Technological Change and Economic Growth. the book has not examined any of India's science and technology policy documents. [1] and non-linear regression models.

  Abstract. Economic data for the last two centuries has demonstrated the presence of a self-sustaining mechanism of cumulative productivity growth, known as technical progress or technological modern times, the technical progress affects not only the efficiency of the economy, but also the natural environment and entire lifestyle of human society. Reviews 43 From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members. meaning determined by the actions of the economic agents described in the model. The model, due to Paul Romer (\Endogenous Technological Change," Journal of Political Economy, ) starts by accepting the Solow model’s result that technological progress is what determines long-run growth in output per worker. Technological Change Aggregate Demand Labour Resource Natural Assumption Sr Model These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

The economic analysis of technological change by Paul Stoneman, , Oxford University Press edition, in English. Technological change is today central to the theory of economic growth. It is recognised as an important driver of productivity growth and the emergence of new products from which consumers derive welfare. It depends not only on the work of scientists and engineers, but also on a wider range of economic and societal factors, including institutions such as intellectual property rights and. This paper, prepared as a chapter draft for the forthcoming Handbook of Environmental Economics (North-Holland/Elsevier Science), summarizes for environmental economists current thinking on technological change in the broader economics literature, surveys the growing economic literature on the interaction between technology and the environment, and explores the normative implications of these analyses.   This book, originally published in , develops the debate and draws on the concepts of evolutionary biology, nonequilibrium thermodynamics, systems and organization theory. While recognizing that new technology is not the cause of quantitative change, the editors claim it should play a more central role in economic theory and policy.