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Technology, Policy, Growth - Theory, Evidence and Interpretation

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  • Jan Fagerberg

Abstract

In recent years the research on the relation between technology and economic growth has flourished. This paper presents a brief overview of different theoretical perspectives in this area; the old orthodox theory (that of Robert Solow and others), more heterodox approaches, and the new orthodox theory (commonly labelled new growth theory). Furthermore, we assess the relationship between these theoretical approaches and applied work on growth and policy.
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  • Jan Fagerberg, 1999. "Technology, Policy, Growth - Theory, Evidence and Interpretation," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 25, pages 5-14.
  • Handle: RePEc:noj:journl:v:25:y:1999:p:5-14
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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
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    3. Isaque Manteiga Joaquim, 2017. "Theoretical Approach of Science, Technology and Innovation for Economic Growth in Mozambique [Abordagem Teorica Da Ciência, Tecnologia E Inovação E Sua Relaçao Com A Economia De Moçambique]," Post-Print hal-01727106, HAL.

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