Technological Progress and Economic Transformation

摘要: 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) agricultural employment rise skill since 1800, (iii) demise of child labor starting around 1900, (iv) increase female labor-force participation from 1900 to (v) baby boom 1936 1972. models are presented address all these facts. The analysis emphasizes role technological progress as catalyst transformation. This survey paper is preparation Handbook Economic edited by Philippe Aghion Steven Durlauf (North-Holland, Amsterdam).