Growth, growth fluctuations, and the stages of technological advance
It is a well-established tradition to define the subject before embarking on an investigation. In our case, definition is to be concerned with economic development and scientific-technical progress. The former poses no problem in the economist's profession. According to Mirabeau, every moral or physical advance can be grasped by one indicator, which he called the net product. Today, Mirabeau would probably encounter objections as far as the measurement of moral progress by the net product is concerned, although some would argue that also today morals, as well as gods, are always with the winners. Anyhow, real changes in the availability of goods and services is, according to national and international standards, measured by changes in real net social product; conceptual problems - e.g., of how to treat the non-pecuniary costs (environmental pollution) and benefits (value added of housewives) - are, of course, part of every measurement. What matters here is that the approach as such is hardly controversial.
|Date of creation:||1988|
|Date of revision:|
|Contact details of provider:|| Postal: Kiellinie 66, D-24105 Kiel|
Phone: +49 431 8814-1
Fax: +49 431 85853
Web page: http://www.ifw-kiel.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-38, July.
- Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(02), pages 385-406, June.
- Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
- David A. Pierce & Larry D. Haugh, 1977. "Causality in temporal systems: characterizations and a survey," Special Studies Papers 87, Board of Governors of the Federal Reserve System (U.S.).
- Zellner, Arnold, 1979. "Causality and econometrics," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 10(1), pages 9-54, January.
- Pierce, David A. & Haugh, Larry D., 1977. "Causality in temporal systems : Characterization and a survey," Journal of Econometrics, Elsevier, vol. 5(3), pages 265-293, May.
- Brunner, Karl & Meltzer, Allan H., 1979. "Three aspects of policy and policymaking: Knowledge, data and institutions," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 10(1), pages 1-7, January.
- Maddison, Angus, 1987. "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 649-98, June.
When requesting a correction, please mention this item's handle: RePEc:kie:kieliw:327. 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: (Dieter Stribny)
If references are entirely missing, you can add them using this form.