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Technological Progress and Economic Transformation

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Author Info
Jeremy Greenwood
Ananth Seshadri

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Abstract

Growth theory can go a long way toward accounting for phenomena linked with U.S. economic development. Some examples are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise in skill since 1800, (iii) the demise of child labor starting around 1900, (iv) the increase in female labor-force participation from 1900 to 1980, (v) the baby boom from 1936 to 1972. Growth theory models are presented to address all of these facts. The analysis emphasizes the role of technological progress as a catalyst for economic transformation.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 10765.

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Date of creation: Sep 2004
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Handle: RePEc:nbr:nberwo:10765

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Find related papers by JEL classification:
D1 - Microeconomics - - Household Behavior
E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
J1 - Labor and Demographic Economics - - Demographic Economics
O3 - Economic Development, Technological Change, and Growth - - Technological Change

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  1. Attanasio, O. & Low, H. & Sanchez-Marcos, V., 2004. "Explaining Changes in Female Labour Supply in a Life-cycle Model," Cambridge Working Papers in Economics 0451, Faculty of Economics, University of Cambridge. [Downloadable!]
    Other versions:
  2. Cavalcanti, Tiago & Tavares, José, 2006. "Women Prefer Larger Governments: Growth, Structural Transformation and Government Size," CEPR Discussion Papers 5667, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. Cavalcanti, Tiago V. de V. & Tavares, Jose, 2003. "Women Prefer Larger Governments: Female Labor Supply and Public Spending," FEUNL Working Paper Series wp433, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    Other versions:
  4. John A. List & Haiwen Zhou, 2007. "Internal Increasing Returns to Scale and Economic Growth," NBER Working Papers 12999, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. Tiago V. de V. Cavalcanti & José Tavares, 2004. "Assessing The "Engines Of Liberation": Home Appliances And Female Labor Force Participation," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] 037, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    Other versions:
  6. Joanna Alexopoulos & Tiago V. de V. Cavalcanti, 2006. "Cheap Home Goods And Persistent Inequality," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 165, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
  7. Peter Rangazas & Alex Mourmouras, 2006. "Foreign Aid Policy and Sources of Poverty: A Quantitative Framework," IMF Working Papers 06/14, International Monetary Fund. [Downloadable!]
  8. Luciano Fanti & Luca Gori, 2008. "‘Backyard’ technology and regulated wages in a neoclassical OLG growth model," Discussion Papers 2008/74, Dipartimento di Scienze Economiche (DSE), University of Pisa, Pisa, Italy. [Downloadable!]
  9. Diego Restuccia & Guillaume Vandenbroucke, 2008. "The Evolution of Education: A Macroeconomic Analysis," Working Papers tecipa-339, University of Toronto, Department of Economics. [Downloadable!]
  10. Carol Scotese Lehr, 2003. "Evidence on the Demographic Transition," Working Papers 0302, VCU School of Business, Department of Economics. [Downloadable!]
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