G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24570
来源IDWorking Paper 24570
Technology and Skill: Twin Engines of Growth
Nancy L. Stokey
发表日期2018-05-07
出版年2018
语种英语
摘要A model is developed in which two complementary forms of investment contribute to growth—technology and skill acquisition, and growth takes two forms—TFP and variety growth. The rate of TFP growth depends more heavily on the parameters governing skill accumulation, while variety growth depends, roughly, on the difference between the parameters governing technology and skill accumulation. Conditions for the existence of a BGP are established, and the effects of various parameters are characterized. In an example, subsidies to skill acquisition (technology acquisition) are powerful tools for stimulating TFP growth (variety growth). Investment incentives off the BGP are also explored.
主题Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w24570
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/582243
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GB/T 7714
Nancy L. Stokey. Technology and Skill: Twin Engines of Growth. 2018.
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