IDEAS home Printed from https://ideas.repec.org/a/prs/rvofce/ofce_0751-6614_1997_num_60_1_1449.html
   My bibliography  Save this article

Le paradoxe du ralentissement du progrès technique

Author

Listed:
  • Hélène Baudchon

Abstract

[fre] Depuis 1973, le rythme de croissance des pays industrialisés a fortement ralenti. Ce changement de rythme, et sa datation, sont plus constatés qu'expliqués. Tout se passe comme si la croissance potentielle 1 avait ralenti, sans que l'évolution des facteurs de production ne permette d'en rendre compte. On est donc conduit à supposer qu'il y a eu une rupture dans le rythme du progrès technique. Il s'agit là d'un paradoxe car, d'une part, cette rupture reste inexpliquée, tandis que, d'autre part, on ne peut occulter l'importance du courant d'innovations qui a marqué le dernier quart de siècle. Mais les innovations majeures ne se diffusent que lentement dans les processus de production et dans les modes de vie. On doit donc admettre que, avec les méthodes dont on dispose, on n'a pas encore le recul suffisant pour savoir s'il y a eu une rupture exogène du rythme de progès technique impliquant des gains de productivité durablement plus faibles ou s'il s'agit d'une évolution endogène progressive caractéristique d'un système économique en phase de maturation. [eng] Since 1973, the pace of growth has been sharply declining in the industrialised couotries. It is unfortunately easier to observe this change of rhythm, and to identify its starting date, than to explain it. It looks as though potential growth had slowed, but nevertheless, the evolution of the factors of production do not even reflect this movement. Therefore we suppose that there is a break in the path of technical progress. However a paradox appears. On the one hand, this break remains unexplained, whereas, on the other hand, we cannot deny the importance of the innovations wave during the last quarter of this century. But it takes time for major innovations to spread through the production process and to every daylife. With the empirical work and the data we have, we are not yet able to gauge whether there has been an exogenous break in the pace of technical progress which implies permanently weak productivity gains. On the contrary, it may correspond to a progressive endogenous evolution which characterises an economie system during a maturation stage.

Suggested Citation

  • Hélène Baudchon, 1997. "Le paradoxe du ralentissement du progrès technique," Revue de l'OFCE, Programme National Persée, vol. 60(1), pages 187-217.
  • Handle: RePEc:prs:rvofce:ofce_0751-6614_1997_num_60_1_1449
    DOI: 10.3406/ofce.1997.1449
    Note: DOI:10.3406/ofce.1997.1449
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ofce.1997.1449
    Download Restriction: no

    File URL: https://www.persee.fr/doc/ofce_0751-6614_1997_num_60_1_1449
    Download Restriction: no

    File URL: https://libkey.io/10.3406/ofce.1997.1449?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robert Ford & Pierre Poret, 1991. "Infrastructure and Private-Sector Productivity," OECD Economics Department Working Papers 91, OECD Publishing.
    2. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    3. Alicia H. Munnell, 1990. "Why has productivity growth declined? Productivity and public investment," New England Economic Review, Federal Reserve Bank of Boston, issue Jan, pages 3-22.
    4. Françoise Maurel, 1990. "Dynamique de l'emploi et tendance de la productivité dans les années quatre-vingt," Économie et Statistique, Programme National Persée, vol. 237(1), pages 151-162.
    5. Martin Neil Baily, 1993. "Competition, Regulation, and Efficiency in Service Industries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(2 Microec), pages 71-159.
    6. Gilbert Cette & Marc Fleurbaey & Daniel Szpiro, 1990. "Questions sur la baisse de la productivité du capital dans l'industrie manufacturière," Économie et Statistique, Programme National Persée, vol. 237(1), pages 143-149.
    7. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    8. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    9. Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-963, September.
    10. Griliches, Zvi, 1988. "Productivity Puzzles and R&D: Another Nonexplanation," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 9-21, Fall.
    11. Henri Sterdyniak & Sanvi Avouyi-Dovi, 1986. "Une série de coût d'usage du capital," Revue de l'OFCE, Programme National Persée, vol. 15(1), pages 217-226.
    12. Paul M. Romer, 1987. "Crazy Explanations for the Productivity Slowdown," NBER Chapters, in: NBER Macroeconomics Annual 1987, Volume 2, pages 163-210, National Bureau of Economic Research, Inc.
    13. Rauch James E., 1993. "Productivity Gains from Geographic Concentration of Human Capital: Evidence from the Cities," Journal of Urban Economics, Elsevier, vol. 34(3), pages 380-400, November.
    14. Paul Dubois, 1985. "Ruptures de croissance et progrès technique," Économie et Statistique, Programme National Persée, vol. 181(1), pages 3-31.
    15. Darby, Michael R, 1984. "The U.S. Productivity Slowdown: A Case of Statistical Myopia," American Economic Review, American Economic Association, vol. 74(3), pages 301-322, June.
    16. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 251-286, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Olivier Passet & Christine Rifflart & Henri Sterdyniak, 1997. "Ralentissement de la croissance potentielle et hausse du chômage," Revue de l'OFCE, Programme National Persée, vol. 60(1), pages 109-146.
    2. repec:hal:spmain:info:hdl:2441/2476 is not listed on IDEAS
    3. repec:spo:wpecon:info:hdl:2441/2476 is not listed on IDEAS
    4. repec:hal:wpspec:info:hdl:2441/2476 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Engen, Eric M. & Skinner, Jonathan, 1996. "Taxation and Economic Growth," National Tax Journal, National Tax Association;National Tax Journal, vol. 49(4), pages 617-642, December.
    2. Marie-Ange VEGANZONES-VAROUDAKIS, 2000. "Infrastructures, investissement et croissance : un bilan de dix années de recherches," Working Papers 200007, CERDI.
    3. Howard Pack, 1994. "Endogenous Growth Theory: Intellectual Appeal and Empirical Shortcomings," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 55-72, Winter.
    4. Sefa Awaworyi Churchill & Mehmet Ugur & Siew Ling Yew, 2017. "Does Government Size Affect Per-Capita Income Growth? A Hierarchical Meta-Regression Analysis," The Economic Record, The Economic Society of Australia, vol. 93(300), pages 142-171, March.
    5. Roberto Leon-Gonzalez & Daniel Montolio, 2004. "Growth, convergence and public investment. A Bayesian model averaging approach," Applied Economics, Taylor & Francis Journals, vol. 36(17), pages 1925-1936.
    6. Aurora Teixeira & Natércia Fortuna, 2003. "Human Capital, Innovation Capability and Economic Growth," FEP Working Papers 131, Universidade do Porto, Faculdade de Economia do Porto.
    7. Norman Gemmell, 2001. "Fiscal Policy in a Growth Framework," WIDER Working Paper Series DP2001-84, World Institute for Development Economic Research (UNU-WIDER).
    8. Sahoo, Pravakar & Dash, Ranjan Kumar & Nataraj, Geethanjali, 2010. "Infrastructure development and economic growth in China," IDE Discussion Papers 261, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    9. de la Fuente, Angel, 1997. "The empirics of growth and convergence: A selective review," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 23-73, January.
    10. Robert W. Arnold, 2003. "Modeling Long-Run Economic Growth: Technical Paper 2003-04," Working Papers 14497, Congressional Budget Office.
    11. Daniels, Peter L., 1996. "Technology investment and growth in economic welfare," World Development, Elsevier, vol. 24(7), pages 1243-1266, July.
    12. Aurora A.C. Teixeira & Natércia Fortuna, 2006. "Human capital, trade and long-run productivity. Testing the technological absorption hypothesis for the Portuguese economy, 1960-2001," FEP Working Papers 226, Universidade do Porto, Faculdade de Economia do Porto.
    13. Matthew Higgins & Daniel Levy & Andrew T. Young, 2003. "Growth and Convergence across the US: Evidence from County-Level Data," Working Papers 2003-03, Bar-Ilan University, Department of Economics.
    14. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 485-512, December.
    15. William Easterly & Ross Levine, 2002. "It´s Not Factor Accumulation: Stylized Facts and Growth Models," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 3, pages 061-114, Central Bank of Chile.
    16. Folster, Stefan & Henrekson, Magnus, 1999. "Growth and the public sector: a critique of the critics," European Journal of Political Economy, Elsevier, vol. 15(2), pages 337-358, June.
    17. Carroll, Christopher D. & Weil, David N., 1994. "Saving and growth: a reinterpretation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 133-192, June.
    18. Peter Wostner, 2003. "Regional Disparities in Transition Economies: the case of Slovenia," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2003(1).
    19. Nikos Benos & Nikolaos Mylonidis & Stefania Zotou, 2017. "Estimating production functions for the US states: the role of public and human capital," Empirical Economics, Springer, vol. 52(2), pages 691-721, March.
    20. G Cameron, 1996. "Innovation and Economic Growth," CEP Discussion Papers dp0277, Centre for Economic Performance, LSE.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:rvofce:ofce_0751-6614_1997_num_60_1_1449. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ofce .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.