| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w5443
|
| 来源ID | Working Paper 5443
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| Why, indeed, in America? Theory, History, and the Origins of Modern Economic Growth |
| Paul M. Romer
|
| 发表日期 | 1996
|
| 出版年 | 1996
|
| 语种 | 英语
|
| 摘要 | When they are used together, economic history and new growth theory give a more complete picture of technological change than either can give on its own. An empirical strategy for studying growth that does not use historical evidence is likely to degenerate into sterile model testing exercises. Historical analysis that uses the wrong kind of theory or no theory may not emphasize the lessons about technology that generalize. The complementarity between these fields is illustrated by an analysis of early industrialization. The key theoretical observation is that larger markets and larger stocks of resources create substantially bigger incentives for discovering new ways to use the resources. This simple insight helps explain why the techniques of mass production emerged in the United States during the first half of the 19th century. It also helps explain how a narrow advantage in the techniques of mass production for a small set of goods grew into broad position of industrial supremacy by the middle of the 20th century. |
| 主题 | Development and Growth
; Innovation and R&
; D
; History
; Macroeconomic History
|
| URL | https://www.nber.org/papers/w5443
|
| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562901
|
推荐引用方式
GB/T 7714 |
Paul M. Romer. Why, indeed, in America? Theory, History, and the Origins of Modern Economic Growth. 1996.
|
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文件名：
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w5443.pdf
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格式：
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Adobe PDF
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