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The Social and Economic Effect of New Technology


  • N. Kul'bovskaia


The resolution of the problem of comprehensively evaluating the social and economic effect of scientific and technical progress presupposes the identification of the economic effect ultimately expressed in the increased productivity of social labor on the one hand and the social effect that finds its manifestation in particular in the improvement of working conditions and the elimination of manual, semiskilled, and heavy physical labor on the other. The different levels of the two types of effects and the complex interaction of economic and social progress make it difficult to evaluate the aggregate result of replacing baseline technology by new technology and of the technical retooling and reconstruction of existing enterprises. The question arises as to the degree to which technical retooling is effective in general and how to evaluate the social and economic effect of replacing old equipment with new, progressive equipment developed with due regard to modern sanitary and industrial norms.

Suggested Citation

  • N. Kul'bovskaia, 1984. "The Social and Economic Effect of New Technology," Problems of Economic Transition, Taylor & Francis Journals, vol. 26(10), pages 68-83.
  • Handle: RePEc:mes:prectr:v:26:y:1984:i:10:p:68-83
    DOI: 10.2753/PET1061-1991261068

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