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Reikard

Technological Advance and Economic Growth: Stagnation or Revival?

November 1, 2015 Leave a Comment

Figure 1: Multifactor Productivity, 1949–2014. Left scale: Annual percent change. Black: Actual. Blue: 7-year moving average.

In March 2011, Gordon Reikard published a widely read Amstat News piece, “Stimulating Economic Growth Through Technological Advance,” exploring the connection between investment in technology and economic growth. Revisiting the topic four and half years later, Reikard discusses the prospects for economic growth through the end of the decade.

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