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The Sources of Economic Growth (Paper) Paperback - 2000
by Richard R. Nelson
- New
- Paperback
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Details
- Title The Sources of Economic Growth (Paper)
- Author Richard R. Nelson
- Binding Paperback
- Edition Second Printing
- Condition New
- Pages 336
- Volumes 1
- Language ENG
- Publisher Harvard Univ Pr, Cambridge
- Date 2000
- Illustrated Yes
- Features Illustrated
- Bookseller's Inventory # x-0674001729
- ISBN 9780674001725 / 0674001729
- Weight 1.15 lbs (0.52 kg)
- Dimensions 9.21 x 6.19 x 1 in (23.39 x 15.72 x 2.54 cm)
- Library of Congress Catalog Number 96-16498
- Dewey Decimal Code 338.9
From the rear cover
Technological advance is the primary force behind economic growth, argues Richard Nelson in this new collection. Investments in physical and human capital contribute to growth largely as handmaidens to technological advance. And technological advance needs to be understood as an evolutionary process, depending much more on ex post selection and learning than on ex ante calculation. That is why it proceeds much more rapidly under conditions of competition than under monopoly or oligopoly.