Advanced

Djup eller Bred - Dynamiken mellan ekonomisk tillväxt och teknologi

Breitz, Charlotte LU and Ryd, Jonatan LU (2017) NEKH03 20171
Department 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:
author
Breitz, Charlotte LU and Ryd, Jonatan LU
supervisor
organization
course
NEKH03 20171
year
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},
  keyword      = {Technology,Economic Growth,Sector Percent of GDP,Deep and Broad Technological Level},
  language     = {swe},
  note         = {Student Paper},
  title        = {Djup eller Bred - Dynamiken mellan ekonomisk tillväxt och teknologi},
  year         = {2017},
}