Journal Article
How much of economic growth is fueled by investment-specific technological progress?
Abstract: Discovering how economies grow is vitally important for economists and policymakers alike. This Commentary shows that more than half of U.S. economic growth can be attributed to technological advance in equipment and structures.
Keywords: Gross domestic product; Technology; Economic development;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1999
Issue: Mar
Order Number: 1