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Questions tagged [technological-progress]

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Neoclassical Growth Model with Technology Investment

I am reading Parente & Prescott 1994 JPE. This is just a typical neoclassical model with the extension of a global technology diffusion function and firm investment in technology. Firms have ...
Alalalalaki's user avatar
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Reference Request: Primer on Relationship Economic Growth and Science / Technology

I'm in the early stages of planning a research agenda in this area, which means studying the current literature with an eye for further research opportunities. The Economics of Science and ...
quantif's user avatar
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Normalized CES supply systems: Klump, McAdam, and Willman (2007)

I am trying to use EViews to replicate the article that used the normalized CES supply system from Klump, McAdam, and Willman (2007). When I set technology progress as an exponential function, I can ...
Yuxuan Zhu's user avatar
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Can the Mahalanobis distance measure ( as defined by Bloom, Schankerman, Reenen Econometrica 2013) between a firm and itself be greater than 1?

I am currently working on estimating a Knowledge Proximity measures for firms and wanted to replicate the Mahalanobis distance measure discussed in Appendix C.2 of Bloom, Schankerman, and Van Reenen (...
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Idea Production Function References

I've read in growth theory about the Idea production function: $\dot{A}=f(A,S)$ which states that the change in ideas or blueprints or patents is a function of past ideas and the number of scientists. ...
user36308's user avatar
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How 19th century luddites differ from today's political luddism that tries to bound AI?

There are ongoing preparations for the AI regulation summits https://www.politico.eu/article/eu-us-uk-china-artificial-intelligence-control/ that are planned to be held by G7 AI control group and ...
TomR's user avatar
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Labour saving technological change VS Capital saving technological change

I have been learning about technological change in relation with production functions(cobb Douglas) and isoquants and I'm very confused as the explanations can be somewhat vague and not clear enough. ...
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Origin of terms Harrod neutral, Solow neutral and Hicks neutral

I just looked for the same question on the exchange but I didn't find anything, I even tried to look for the answer on Google but it seems it's not present. Could someone give me the origin of these ...
Pepus's user avatar
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How Does Economics Address Society's Major Existential Threats?

Given our societal emphasis on the pace of 'progress', often overlooking its direction, we face a multitude of existential challenges [1]. These range from the looming threat of nuclear warfare and ...
Pavel Kocourek's user avatar