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来源类型Working Paper
规范类型报告
DOI10.3386/w19830
来源IDWorking Paper 19830
The Future of U.S. Economic Growth
John G. Fernald; Charles I. Jones
发表日期2014-01-23
出版年2014
语种英语
摘要Modern growth theory suggests that more than 3/4 of growth since 1950 reflects rising educational attainment and research intensity. As these transition dynamics fade, U.S. economic growth is likely to slow at some point. However, the rise of China, India, and other emerging economies may allow another few decades of rapid growth in world researchers. Finally, and more speculatively, the shape of the idea production function introduces a fundamental uncertainty into the future of growth. For example, the possibility that artificial intelligence will allow machines to replace workers to some extent could lead to higher growth in the future.
主题Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w19830
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/577505
推荐引用方式
GB/T 7714
John G. Fernald,Charles I. Jones. The Future of U.S. Economic Growth. 2014.
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