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Investment-Specific Technology Growth: Concepts and Recent Estimates

Version
v0
Resource Type
Dataset : survey data
Creator
  • Pakko, Michael R. (Federal Reserve Bank of St. Louis)
Other Title
  • Archival Version (Subtitle)
Publication Date
2003-04-18
Language
English
Free Keywords
economic growth; economic indicators; investments; productivity; technological change; technology
Description
  • Abstract

    The strength of United States productivity growth in recent years has been attributed to technological improvements that are, in some sense, embodied in new types of capital equipment. However, traditional growth theory and growth accounting techniques -- which emphasize the role of disembodied, neutral technological progress -- are deficient in explaining this phenomenon. In this article, the author outlines a model of investment-specific technological change that has become popular for describing the notion of capital-embodied growth and summarizes some recent estimates of the importance of this type of technological progress for assessing United States productivity trends.
  • Table of Contents

    Datasets:

    • DS1: Dataset
Geographic Coverage
  • United States
Collection Mode
  • (1) The file submitted is the data file, 0211mpd.xls. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

Availability
Delivery
This version of the study is no longer available on the web. If you need to acquire this version of the data, you have to contact ICPSR User Support (help@icpsr.umich.edu).
Alternative Identifiers
  • 1273 (Type: ICPSR Study Number)
Relations
  • Is previous version of
    DOI: 10.3886/ICPSR01273.v1
Publications
  • Pakko, Michael R.. Investment-specific technology growth: Concepts and recent estimates. Federal Reserve Bank of St. Louis Review.84, (6), 37-48.2002.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

Pakko, Michael R. (2003): Investment-Specific Technology Growth: Concepts and Recent Estimates. Archival Version. Version: v0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/ICPSR01273