The Theory of Technological Change and Economic Growth

The Theory of Technological Change and Economic Growth book cover

The Theory of Technological Change and Economic Growth

Author(s): Dr Stanislaw Gomulka (Author)

  • Publisher: Routledge
  • Publication Date: 22 Aug. 2017
  • Edition: 1st
  • Language: English
  • Print length: 276 pages
  • ISBN-10: 9781138418974
  • ISBN-13: 1138418978

Book Description

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.

Editorial Reviews

Review

`Gomulka’s argument is thought-provoking and raises some of the most fundamental issues. It is an excellent original contribution to the theory of world economic growth.’Regional Studies

About the Author

Dr Stanislaw Gomulka

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