How production networks amplify economic growth
Technological improvement is the most important cause of long-term economic growth. In standard growth models, technology is treated in the aggregate, but an economy can also be viewed as a network in which producers buy goods, convert them to new goods, and sell the production to households or othe...
| Main Authors: | , , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
National Academy of Sciences
2021
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