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The End of Modern Economic Growth as We Know It

Author

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  • Jean-Pierre Dormois

    (CED - Centre Émile Durkheim - IEP Bordeaux - Sciences Po Bordeaux - Institut d'études politiques de Bordeaux - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

Abstract

Economic progress is behind us in the West, warns Robert J. Gordon in a 750 pages-tome which revisits the economic history of the U.S. in the last century and a half. Measuring the impact on living standards of the major technological breakthroughs of the "second industrial revolution," he observes that sources of productivity growth seem to have dried since the 1970s oil shock and that the productivity-enhancing effects of the digital "revolution" have so far proved elusive.

Suggested Citation

  • Jean-Pierre Dormois, 2017. "The End of Modern Economic Growth as We Know It," Post-Print halshs-02862342, HAL.
    • Handle: RePEc:hal:journl:halshs-02862342
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02862342
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