Long-run implications of investment-specific technological change

Article Abstract:

Investment-specific technological changes are suggested by a quantitative analysis to account for a major component of growth in the US during the post-war era. The results were derived from an inquiry into the function performed by technological changes that are investment-specific to growth in the post-war US. The investigation was conducted under the premise that a vital source of change in productivity is the introduction of new and more efficient capital goods. An attempt was also made to disassociate the effects of capital goods from the more traditional technological progress forms.

Production Management, Equipment Purchasing, Research, Purchasing, Technological innovations, Industrial productivity, Corporate growth

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The baby boom and baby bust

Article Abstract:

An econometric model explaining the reasons for baby boom and the drop in fertility since last 200 years is presented. The factors contributing to this variation include the cost of having children and real wages.

New York, Analysis, Usage, Economic aspects, Demographic aspects, Baby boom generation, Post-baby boom generation, Generation X, Birth control, Econometric models, Population regulation (Biology)

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