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General Purpose Technologies

Created March 1999 by Christos Koulovatianos. Updated May 2006.

Introductory reading

Bresnahan, Timothy and Trajtenberg, M. (1995). General Purpose Technologies: Engines of Growth? Journal of Econometrics, January, 65(1), 83-108.

Caselli, Francesco (1999). Technological Revolutions. American Economic Review, March, 89(1), 78-102.

Greenwood, Jeremy (1997), The Third Industrial Revolution: Technology, Productivity and Income Inequality. AEI Studies on Understanding Inequality, Washington, DC. The AEI Press.

Helpman, Elhanan (1998). General Purpose Technologies and Economic Growth: Introduction. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 1-13.

Lipsey, Richard G., Cliff Bekar and Kenneth Carlaw (1998). What Requires explanation? In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 14-54.

Lipsey, Richard G., Cliff Bekar and Kenneth Carlaw (1998). The consequences of Changes in GPTs. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 193-218.

Other key references

Aghion, Philippe and Peter Howit (1998). On the Macroeconomic Effects of Major Technological Change. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 121-144.

Greenwood, Jeremy and Mehmet Yorukoglu (1997). “1974”. Carnegie-Rochester Conference Series on Public Policy, 46, June, 49-95.

Greenwood, Jeremy and Jovanovic, Boyan (1998). Accounting for growth. NBER working paper no. 6647.

Helpman, Elhanan and Rangel, Antonio (1999). Adjusting to a new technology: experience and training. Journal of Economic Growth, 4(4), December, 359-383.

Helpman, E. and Trajtenberg, M. (1998). A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 85-119.

Helpman, E. and Trajtenberg, M. (1998). Diffusion of General Purpose Technologies. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 85-119.

Further reading

Bresnahan, Timothy and Alfonso Gambardella (1998). The Division of Inventive Labor and the Extent of the Market. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 253-281.

Chou, Chien-Fu and Oz Shy (1993). Technology revolutions and the gestation of new technologies. International Economic Review, 12(4), 34, 631-45.

Ciccone, Antonio (1997). High-Skill Labor Intensive Technologies as a Cause of Falling Wages for Low-Skill Workers. Manuscript, UC Berkeley.

Ciccone, Antonio (1998). Input Chains and Industrialization. Manuscript, UC Berkeley.

David, P. (1991). Computer and Dynamo. The Modern Productivity Paradox in a not too distant Mirror. In Technology and Productivity: The Challenge for Economic Policy. Paris, OECD.

Eriksson, C. and Lindh, T. (2000). Growth cycles with technology shifts and externalities. Economic Modelling, 17, 139-170.

Eslava, Marcela, et al (2004). The Effects of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia. Journal of Development Economics, Special Issue Dec., 75(2), 333-71.

Greenwood, Jeremy and Boyan Jovanovic (1999). The IT Revolution and the Stock Market. AER Papers and Proceedings, forthcoming May 1999.

New! Iyigun, Murat, F. (2000). Technology life-cycles and endogenous growth. University of Colorado Working Paper No: 00-7, August.
2000.

Koulovatianos, Christos (1999). Skill-Biased Technological Change and the Income/Wealth Distribution in Economic Development. Manuscript, University of Rochester.

Howit, Peter (1998) Measurement, Obsolescence and General Purpose Technologies. In Helpman, E. (ed.) General Purpose Technologies and Economic Growth , Cambridge: MIT Press, 1998, 219-251.

Jacobs, Bas and Nahuis, Richard (2002). A General Purpose Technology Explains the Solow Paradox and Wage Inequality. Economics Letters, January, 74(2), 243-50.

Krueger, Dirk and Kumar, Krishna B. (2004). Skill-Specific Rather Than General Education: A Reason for US-Europe Growth Differences? Journal of Economic Growth, June, 9(2), 167-207.

Lipsey, R. G. and C. Beckar, (1995). A structuralist view of technical change and economic growth. In T. J. Courchene (ed.) Technology, Information and Public Policy, 9-75. The Bell Canada Papers on Economic and Public Policy, vol. 3. Kingston: John Deutch Institute for the study of Economic Policy.

Rogers, Everett M. (1995). Diffusion of Innovations. The Free Press eds., Chapter 7.

Trajtenberg, M. and Yitzhaki, S. (1989). The Diffusion of Innovations: A Methodological Reappraisal. Journal of Business and Economic Statistics, January, 7(1), 35-47.

Yorukoglu, Mehmet (1998). The Information Technology Productivity Paradox. Review of Economic Dynamics, 1(2), April, 551-592.

Zachariadis, Marios (2003). R&D, Innovation, and Technological Progress: A Test of the Schumpeterian Framework without Scale Effects. Canadian Journal of Economics, August, 36(3), 566-86.

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