Technological progress and economic transformation
By: Jeremy Greenwood, Ananth Seshadri.
Contributors: Seshadri, Ananth.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10765; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10765.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Economic development -- United States.
Description: "Growth theory can go a long way toward accounting for phenomena linked with U.S.  economic development.  Some examples are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise in skill since 1800, (iii) the demise of child labor starting around 1900, (iv) the increase in female labor-force participation from 1900 to 1980, (v) the baby boom from 1936 to 1972.  Growth theory models are presented to address all of these facts.  The analysis emphasizes the role of technological progress as a catalyst for economic transformation"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.