Communications and economic growth

被引:12
作者
Dudley, L [1 ]
机构
[1] Univ Montreal, Dept Econ, Montreal, PQ H3C 3J7, Canada
[2] Univ Montreal, CRDE, Montreal, PQ H3C 3J7, Canada
关键词
communications technology; economic growth; economic cycles; information technology; Europe;
D O I
10.1016/S0014-2921(97)00129-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
Over the past millennium, each of the three centuries of most rapid demographic growth in the West coincided with the diffusion of a new communications technology. This paper examines the hypothesis of Harold Innis (1894-1952) that there is two-way feedback between such innovations and economic growth. First, detailed historical evidence is studied. Second, Innis's ideas are translated into a formal growth model. Finally, the model is simulated and its predictions compared with historical data. The results suggest a technological explanation for the long cycles of the period 1000-1975 and for the puzzling productivity growth slowdown in industrialized countries after 1975. (C) 1999 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:595 / 619
页数:25
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