Three Phases of Dutch Economic Growth and Technological Change, 1815-1997

J.P. Smits, H. de Jong and Bart van Ark ()

Working Papers from Groningen State, Institute of Economic Research-

Abstract: In this paper we analyze the dynamics of Dutch economic growth for the period 1815-1997. By applying a simple econometric technique, important breaking points in the time series are traced. It seems that three phases of growth can be discerned and that these phases are characterized by different types of technology (steam, electricity as well as information and communication technology). The Dutch economy has not generated an overall productivity improvement from the first and third technological phase, but has been successful in exploiting the technological opportunities of the second phase.

Keywords: ECONOMIC GROWTH; TECHNOLOGICAL CHANGE (search for similar items in EconPapers)
JEL-codes: O33 O40 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1999
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Citations: View citations in EconPapers (1)

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