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Rapid Growth Potential and its Realisation: The Experience of Capitalist Economies in the Postwar Period

In: Economic Growth and Resources

Author

Listed:
  • Moses Abramovitz

    (Stanford University)

Abstract

Dramatic statements about the remarkable growth of the industrialised market economies are by now superfluous. The forces which account for this notable experience, however, still challenge explanation. And without a well-tested explanation, we are in a poor position to say whether rapid growth has now come to an end or whether it is likely to be resumed. Equally, we are in a poor position to suggest what policies might regenerate and sustain rapid growth were that an agreed aim of public policy.

Suggested Citation

  • Moses Abramovitz, 1979. "Rapid Growth Potential and its Realisation: The Experience of Capitalist Economies in the Postwar Period," International Economic Association Series, in: Edmond Malinvaud (ed.), Economic Growth and Resources, chapter 1, pages 1-51, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-16173-7_1
    DOI: 10.1007/978-1-349-16173-7_1
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    Citations

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    Cited by:

    1. Singh, Lakhwinder, 2006. "Globalization, national innovation systems and response of public policy," MPRA Paper 641, University Library of Munich, Germany.
    2. Bart Los & Bart Verspagen, 2006. "The Evolution Of Productivity Gaps And Specialization Patterns," Metroeconomica, Wiley Blackwell, vol. 57(4), pages 464-493, November.
    3. Christoph Meister & Bart Verspagen & Guntram B. Wolff, 2006. "European Productivity Gaps: Is R&D the Solution?," Chapters, in: Susanne Mundschenk & Michael H. Stierle & Ulrike Stierle-von Schütz & Iulia Traistaru-Siedschlag (ed.), Competitiveness and Growth in Europe, chapter 8, Edward Elgar Publishing.
    4. Perez Caldentey, Esteban & Ali, Anesa, 2010. "Growth and convergence/divergence in productivity under balance-of-payments constraint," MPRA Paper 20056, University Library of Munich, Germany.
    5. Jan Fagerberg, 2003. "Schumpeter and the revival of evolutionary economics: an appraisal of the literature," Journal of Evolutionary Economics, Springer, vol. 13(2), pages 125-159, April.
    6. Verspagen, Bart, 2000. "Growth and Structural Change: Trends, Patterns and Policy Options," Research Memorandum 015, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    7. Verspagen, Bart, 1995. "Convergence in the global economy. A broad historical viewpoint," Structural Change and Economic Dynamics, Elsevier, vol. 6(2), pages 143-165, June.
    8. Fagerberg, Jan & Verspagen, Bart, 1998. "Productivity, R&D Spillovers and Trade," Working Papers 98.2, Eindhoven Center for Innovation Studies.
    9. Roberto ESPOSTI & Franco SOTTE, 1999. "Territorial Heterogeneity and Institutional Structures in Shaping Rural Development Policies in Europe," Working Papers 114, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    10. Hollanders, Hugo & Soete, Luc & Weel, Bas ter, 1999. "Trends in Growth Convergence and Divergence and Changes in Technological Access and Capabilities," Research Memorandum 018, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    11. repec:dgr:rugccs:200301 is not listed on IDEAS
    12. Ali, Anesa & Pérez Caldentey, Esteban, 2007. "The comparative advantage fallacy and a rule for convergence," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    13. Magrini, Stefano, 2004. "Regional (di)convergence," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 62, pages 2741-2796, Elsevier.
    14. Verspagen, Bart, 1999. "Intellectual Property Rights in the World Economy," Research Memorandum 016, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).

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