G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3903
来源IDWorking Paper 3903
Productivity and Machinery Investment: A Long Run Look 1870-1980
J. Bradford De Long
发表日期1991-11-01
出版年1991
语种英语
摘要Over the past century the long-run growth of six economies shows a strong association between investment in machinery and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world War II period for a broader cross section of nations. A number of considerations suggest that this association is causal, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a hypothesis also supported by narratives from the history of technology.
主题History ; Macroeconomic History
URLhttps://www.nber.org/papers/w3903
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561238
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GB/T 7714
J. Bradford De Long. Productivity and Machinery Investment: A Long Run Look 1870-1980. 1991.
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