How much of economic growth is fueled by investment-specific technological progress?

Michael Gort, Jeremy Greenwood and Peter Rupert ()

Economic Commentary, 1999, issue Mar

Abstract: Discovering how economies grow is vitally important for economists and policymakers alike. This Commentary shows that more than half of U.S. economic growth can be attributed to technological advance in equipment and structures.

Keywords: Gross domestic product; Technology; Economic development (search for similar items in EconPapers)
Date: 1999
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