Technological Progress and Economic Transformation
Jeremy Greenwood () and
Ananth Seshadri ()
Chapter 19 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1225-1273 from Elsevier
Growth theory can go a long way toward accounting for phenomena linked with U.S. economic development. Some examples are:(i) the secular decline in fertility between 1800 and 1980,(ii) the decline in agricultural employment and the rise in skill since 1800,(iii) the demise of child labor starting around 1900,(iv) the increase in female labor-force participation from 1900 to 1980,(v) the baby boom from 1936 to 1972. Growth theory models are presented to address all of these facts. The analysis emphasizes the role of technological progress as a catalyst for economic transformation.
JEL-codes: O0 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (13) Track citations by RSS feed
Downloads: (external link)
http://www.sciencedirect.com/science/article/B7P5F ... cea5a1bcb5317012d27d
Full text for ScienceDirect subscribers only
Working Paper: Technological Progress and Economic Transformation (2004)
Working Paper: Technological Progress and Economic Transformation (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:eee:grochp:1-19
Access Statistics for this chapter
More chapters in Handbook of Economic Growth from Elsevier
Series data maintained by Zhang, Lei ().