Education, Skills, and Technical Change
Education, Skills, and Technical Change

Author: Charles R. Hulten

Publisher: University of Chicago Press

Published: 2019-01-11

Total Pages: 528

ISBN-13: 022656794X

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Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas—such as growth accounting, skill development, higher education, and immigration—and also examines how well students are being prepared for the current and future world of work.

The Theory of Technological Change and Economic Growth
The Theory of Technological Change and Economic Growth

Author: Dr Stanislaw Gomulka

Publisher: Routledge

Published: 2006-12-05

Total Pages: 272

ISBN-13: 113494070X

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In this wide ranging exposition of the various economic theories of technological change, Stanislaw Gomulka relates them to rates of growth experienced by different economies in both the short and the long term. Analysis of countries as diverse as Japan, the Soviet Union and the United Kingdom demonstrates that there is an interdependence between technological change and the institutional and cultural characteristics of different countries, which can have a profound effect on their rates of 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 theoretical framework to help explain the impact of technological progress on both a micro and a macro scale.

Economics and Technological Change
Economics and Technological Change

Author: Rod Coombs

Publisher: Rowman & Littlefield

Published: 1987

Total Pages: 318

ISBN-13: 9780847675463

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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 comprehensive study of the economic implications of technological change for three primary institutions: the firm, the market, and the civil sector.

Growth in a Time of Change
Growth in a Time of Change

Author: Hyeon-Wook Kim

Publisher: Brookings Institution Press

Published: 2020-02-25

Total Pages: 376

ISBN-13: 0815737769

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Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

Technology and the Pursuit of Economic Growth
Technology and the Pursuit of Economic Growth

Author: David C. Mowery

Publisher: Cambridge University Press

Published: 1991-07-26

Total Pages: 344

ISBN-13: 9780521389365

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Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical framework employed within neoclassical economies. A richer framework, they believe, will support a more fruitful dialogue among economists, policymakers, and managers on the organization of public and private institutions for innovation. David Mowery is Associate Professor of Business and Public Policy at the School of Business Administration, University of California, Berkeley. Nathan S. Rosenberg is Fairleigh Dickinson Professor of Economics at Stanford University. He is the author of Inside the Black Box: Technology and Economics (CUP, 1983).

Technology, Institutions, and Economic Growth
Technology, Institutions, and Economic Growth

Author: Richard R. Nelson

Publisher: Harvard University Press

Published: 2005-12-30

Total Pages: 326

ISBN-13: 9780674019164

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"In this book Richard R. Nelson mounts a full-blown attack on the standard neoclassical theory of economic growth, which he sees as hopelessly inadequate to explain the phenomenon. His alterative theory posits that economic growth driven by technological advance involves disequilibrium in a fundamental and continuing way. Nelson argues that an adequate theory must take into account a range of institutions, from universities to public laboratories and from government agencies to business firms and markets."--BOOK JACKET.

Paths of Innovation
Paths of Innovation

Author: David C. Mowery

Publisher: Cambridge University Press

Published: 1999-10-28

Total Pages: 228

ISBN-13: 9780521646536

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In 1903 the Wright brothers' airplane travelled a couple of hundred yards. Today fleets of streamlined jets transport millions of people each day to cities worldwide. Between discovery and application, between invention and widespread use, there is a world of innovation, of tinkering, improvement and adaptation. This is the world David Mowery and Nathan Rosenberg map out in Paths of Innovation, a tour of the intersecting routes of technological change. Throughout their book, Mowery and Rosenberg demonstrate that the simultaneous emergence of new engineering and applied science disciplines in the universities, in tandem with growth in the Research and Development industry and scientific research, has been a primary factor in the rapid rate of technological change. Innovation and incentives to develop new, viable processes have led to the creation of new economic resources - which will determine the future of technological innovation and economic growth.

Technical Choice Innovation and Economic Growth
Technical Choice Innovation and Economic Growth

Author: Paul A. David

Publisher: Cambridge University Press

Published: 1975-02-28

Total Pages: 350

ISBN-13: 9780521098755

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Monograph on historical experiences of technological change, Innovation and economic growth in the USA and the UK during the 1800's - covers agricultural mechanization, industrial development and infrastructure change, etc. Bibliography pp. 315 to 324, graphs, references and statistical tables.

The Economics of Hope
The Economics of Hope

Author: Christopher Freeman

Publisher: Burns & Oates

Published: 1992

Total Pages: 268

ISBN-13: 9781855670839

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The Economics of Hope embodies Christopher Freeman's positive views of the potential of mankind to use its resources constructively. Grounded in the thorough empirical research which is the hallmark of his writings, these essays steer the reader through the complex questions surrounding the issues of technical change, innovation and economic growth.

Theory of Technical Change and Economic Invariance
Theory of Technical Change and Economic Invariance

Author: Ryuzo Sato

Publisher: Academic Press

Published: 2014-05-10

Total Pages: 458

ISBN-13: 148327649X

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Theory of Technical Change and Economic Invariance: Application of Lie Groups presents the economic invariance problems observable behavior under general transformations such as taste change or technical change. This book covers a variety of topics in economic theory, ranging from the analysis of production functions to the general recoverability problem of optimal dynamic behavior. Organized into nine chapters, this book begins with an overview of the theory of observable behavior by analyzing the invariant relationships among economic variables. This text then examines the Lie group theory which provides one of the most efficient methods of studying invariance properties. Other chapters consider the analysis of exogenous technical change, a process partly due to dynamic market forces of supply and demand. This book discusses as well the topics closely related to parametric changes under Lie groups and related transformations. The final chapter deals with mathematical foundations of the theory of observable market behavior. This book is a valuable resource for economists.