Djup eller Bred - Dynamiken mellan ekonomisk tillväxt och teknologi
(2017) NEKH03 20171Department of Economics
- Abstract
- Economic growth research has over the past few decades tried to explain what causes coun-tries to achieve a sustainable economic growth. Many theories and hypotheses’ have been introduced and tried empirically. One key factor that has proven to create growth is the tech-nological progress. But what is technology? It is a very complex concept and in this paper we use panel data for 41 countries over a time period of 50 years to try and nuance this idea. Our main hypothesis is that a country’s technological level differs between industries and is de-pendent on how much the specific sector produces to the national GDP. To test this we creat-ed a scale that reaches from deep to broad technology, where a country positioned on the deep side is... (More)
- Economic growth research has over the past few decades tried to explain what causes coun-tries to achieve a sustainable economic growth. Many theories and hypotheses’ have been introduced and tried empirically. One key factor that has proven to create growth is the tech-nological progress. But what is technology? It is a very complex concept and in this paper we use panel data for 41 countries over a time period of 50 years to try and nuance this idea. Our main hypothesis is that a country’s technological level differs between industries and is de-pendent on how much the specific sector produces to the national GDP. To test this we creat-ed a scale that reaches from deep to broad technology, where a country positioned on the deep side is dependent on one or a few sectors while the opposite side is dependent on many and have a much more diversified economy. Depending on where the country is positioned on this scale will affect the GDP growth. The main result is that the deeper a country is positioned on the scale will have a negative effect on the growth in the long span. Although in the short span, it has a positive effect. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8910512
- author
- Breitz, Charlotte LU and Ryd, Jonatan LU
- supervisor
- organization
- course
- NEKH03 20171
- year
- 2017
- type
- M2 - Bachelor Degree
- subject
- keywords
- Technology, Economic Growth, Sector Percent of GDP, Deep and Broad Technological Level
- language
- Swedish
- id
- 8910512
- date added to LUP
- 2017-07-10 15:16:39
- date last changed
- 2017-07-10 15:16:39
@misc{8910512, abstract = {{Economic growth research has over the past few decades tried to explain what causes coun-tries to achieve a sustainable economic growth. Many theories and hypotheses’ have been introduced and tried empirically. One key factor that has proven to create growth is the tech-nological progress. But what is technology? It is a very complex concept and in this paper we use panel data for 41 countries over a time period of 50 years to try and nuance this idea. Our main hypothesis is that a country’s technological level differs between industries and is de-pendent on how much the specific sector produces to the national GDP. To test this we creat-ed a scale that reaches from deep to broad technology, where a country positioned on the deep side is dependent on one or a few sectors while the opposite side is dependent on many and have a much more diversified economy. Depending on where the country is positioned on this scale will affect the GDP growth. The main result is that the deeper a country is positioned on the scale will have a negative effect on the growth in the long span. Although in the short span, it has a positive effect.}}, author = {{Breitz, Charlotte and Ryd, Jonatan}}, language = {{swe}}, note = {{Student Paper}}, title = {{Djup eller Bred - Dynamiken mellan ekonomisk tillväxt och teknologi}}, year = {{2017}}, }