Chapter 8 THE ROLE OF TECHNOLOGY IN GROWTH.

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Presentation transcript:

Chapter 8 THE ROLE OF TECHNOLOGY IN GROWTH

Table 8.1 Researchers and Research Spending, 2009

Figure 8.1 Effect of Shifting Labor into R&D

Figure 8.2 Cost of Copying for the Follower Country

Figure 8.3 Steady State in the Two-Country Model

Figure 8.4 Effect of an Increase in R&D in the Follower Country on the Steady State

Figure 8.5 Effect of an Increase in gA,2 on Productivity and Output

Figure 8.6 Neutral Technological Change

Figure 8.7 Capital-Biased Technological Change

Chapter 8 Appendix: Incorporating Technological Progress into the Solow Model

Figure 8.8 Effect of an Increase in Technological Progress