IDEAS home Printed from https://ideas.repec.org/p/cpm/cepmap/0103.html
   My bibliography  Save this paper

Is a biased technological change fueling dualism?

Author

Listed:
  • Petit, Pascal
  • Soete, Luc

Abstract

Analyses of structural transformations of modern developed economies have led in the second half of the 90s to two important debates. One bore on the skill bias nature of technological change, the other underlined the likely overestimation of consumer prices and therefore the underestimation of past rates of real economic growth, following misappreciations of changes in product quality. From the many factual and theoretical points made in these debates, one can select some major features of contemporary economic growth. On both the supply side (reoganisation of productive processes) and on the demand side (changes in consumer strategies) characteristics of the learning and adjustment processes to respond to the new environment appear. This working paper retains from these debates over the organisation of productive processes and the changes in product quality both the differences in behaviours and capabilities (among producers and consumers alike) and the interdependencies between supply and demand processes. Economic growth thus appears as largely conditioned by the capacity of economies to take advantage of these interdependencies while limiting the hampering effects of dualist trends.

Suggested Citation

  • Petit, Pascal & Soete, Luc, 2001. "Is a biased technological change fueling dualism?," CEPREMAP Working Papers (Couverture Orange) 0103, CEPREMAP.
  • Handle: RePEc:cpm:cepmap:0103
    as

    Download full text from publisher

    File URL: http://www.cepremap.fr/depot/couv_orange/co0103.ps
    Download Restriction: no

    File URL: http://www.cepremap.fr/depot/couv_orange/co0103.pdf
    Download Restriction: no

    Other versions of this item:

    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • D2 - Microeconomics - - Production and Organizations
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpm:cepmap:0103. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (St├ęphane Adjemian). General contact details of provider: http://edirc.repec.org/data/ceprefr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.