Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Cleveland
Economic Commentary
How much of economic growth is fueled by investment-specific technological progress?
Michael Gort
Jeremy Greenwood
Peter Rupert
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.


Download Full text
Cite this item
Michael Gort & Jeremy Greenwood & Peter Rupert, "How much of economic growth is fueled by investment-specific technological progress?" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Mar, 1999.
More from this series
JEL Classification:
Subject headings:
Keywords: Economic development ; Gross domestic product ; Technology
For corrections, contact 4D Library ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal