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来源类型Working Paper
规范类型报告
DOI10.3386/w14133
来源IDWorking Paper 14133
Ideas and Growth
Robert E. Lucas, Jr.
发表日期2008-06-27
出版年2008
语种英语
摘要What is it about modern capitalist economies that allows them, in contrast to all earlier societies, to generate sustained growth in productivity and living standards? It is widely agreed that the productivity growth of the industrialized economies is mainly an ongoing intellectual achievement, a sustained flow of new ideas. Are these ideas the achievements of a few geniuses, Newton, Beethoven, and a handful of others, viewed as external to the activities of ordinary people? Are they the product of a specialized research sector, engaged in the invention of patent-protected processes over which they have monopoly rights? Both images are based on important features of reality and both have inspired interesting growth theories, but neither seems to me central. What is central, I believe, is that fact that the industrial revolution involved the emergence (or rapid expansion) of a class of educated people, thousands-now many millions-of people who spend entire careers exchanging ideas, solving work-related problems, generating new knowledge.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w14133
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571808
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Robert E. Lucas, Jr.. Ideas and Growth. 2008.
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