Title: Developments of Theory on Endogenous Technical Change and its Implications
Abstract: It mainly describes the development of the theory on endogenous technical change. Firstly,it reviews the work of introduction of technology into modern economic growth models and the early endeavors of endogenizing technical change. After that,it probes into some typical mechanisms of endogenous technical change. In addition,it also introduces some new development in this field. At the end,it analyzes the enlightenment these theories can give us in maintaining our economy’s steady growth and transforming the growing pattern.
Publication Year: 2001
Publication Date: 2001-01-01
Language: en
Type: article
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