Technological progress, mobility and economic growth
Article Abstract:
An analysis of the ties between economic growth, wage inequality, technological progress and intergenerational earnings mobility showed that a drop in the relative significance of initial conditions spurs future technological growth and progress during the times of major technological inventions. It generates a bigger concentration of high-ability individuals, boosts mobility and raises inequality. However, inequality decreases and becomes more persistent and mobility is lessened as the accessibility of technology increases. User-friendliness, thus, impedes future economic growth since the possibility of technological breakthroughs is diminished by the drop in the ability concentration of technologically advanced sectors.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
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The gender gap, fertility, and growth
Article Abstract:
Human fertility and economic development are integrated into a model where household fertility decision is related to the relative wages of men and women, population growth conditions capital per worker and capital per worker levels control relative wages. Under such conditions, high relative wages for women are both a cause and effect of economic progress. Output growth decreases when it reaches a steady-state equilibrium defined by a lower fertility rate and greater labor participation by women.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
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From malthusian stagnation to modern growth
Article Abstract:
A study was conducted to analyze the historical evolution of the association among population growth, technological change and the standard of living. A number of unified frameworks that characterize the transition between three distinct regimes were examined. The behavior of income per capita and the relationship between the level of income per capita and the growth rate of population was then discussed.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1999
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