Accumulation of Capabilities, Structural Change, and Macro Prices: an Evolutionary and Structuralist Roadmap

  • Mario Cimoli
  • Gabriel Porcile
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Part of the International Economic Association Series book series (IEA)

Abstract

Both economic history and economic theory generally acknowledge a deep relationship between technical change and economic development. It is quite intuitive that improvements in the efficiency of production techniques or in product performances may be a determinant or at least a condition for growth in productivity and industrialization. The opening of the technological black box has often gone hand in hand with important insights on how learning and technological capabilities develop in less developed economies. Studies on the sources, mechanisms, and patterns of learning and its microeconomic impact on productivity growth have flourished over the last four decades.

Keywords

Productivity Growth Technical Change Real Exchange Rate Industrial Policy Capital Good 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© International Economic Association 2013

Authors and Affiliations

  • Mario Cimoli
    • 1
  • Gabriel Porcile
    • 1
  1. 1.ECLACChile

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