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Technological Progress and Economic Transformation

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Author Info
Jeremy Greenwood (University of Pennsylvania)
Ananth Seshadri () (University of Wisconsin)

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Abstract

Growth theory goes a long way toward explaining phenomena in labor economics linked with U.S. economic development. Some examples are: (a) the secular decline in fertility between 1800 and 1980, (b) the decline in agricultural employment and the rise in skill since 1800, (c) the demise of child labor starting around 1900, (d) the increase in female labor-force participation from 1900 to 1980. Growth theory models are presented to address all of these facts, plus the temporary rise in fertility that occurred during the baby boom. The analysis emphasizes the role of technological progress as a catalyst for economic transformation.

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File URL: http://www.econ.rochester.edu/Faculty/GreenwoodPapers/etransf.pdf
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Publisher Info
Paper provided by Economie d'Avant Garde in its series Economie d'Avant Garde Research Reports with number 3.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length: 50 pages
Date of creation: Oct 2002
Date of revision:
Handle: RePEc:eag:rereps:3

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Web page: http://www.jeremygreenwood.net/EAG.htm

For technical questions regarding this item, or to correct its listing, contact: (Jeremy Greenwood).

Related research
Keywords: Child Labor Economic Growth Educational Attainment Female Labor-Force Participation Fertility Technological Progress.

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Find related papers by JEL classification:
D1 - Microeconomics - - Household Behavior
E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
J1 - Labor and Demographic Economics - - Demographic Economics
O3 - Economic Development, Technological Change, and Growth - - Technological Change

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  1. repec:att:wimass:192021 is not listed on IDEAS
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  3. Moshe Hazan & Binyamin Berdugo, 2005. "Child Labor, Fertility and Economic Growth," Development and Comp Systems 0507002, EconWPA. [Downloadable!]
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  4. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-87, December. [Downloadable!] (restricted)
    Other versions:
  5. Laitner, John, 2000. "Structural Change and Economic Growth," Review of Economic Studies, Blackwell Publishing, vol. 67(3), pages 545-61, July.
  6. Jeremy Greenwood & Ananth Seshadri & Guillaume Vandenbroucke, 2005. "The Baby Boom and Baby Bust," American Economic Review, American Economic Association, vol. 95(1), pages 183-207, March. [Downloadable!]
  7. Jeremy Greenwood & Ananth Seshadri & Mehmet Yorukoglu, 2002. "Engines of Liberation," Economie d'Avant Garde Research Reports 2, Economie d'Avant Garde. [Downloadable!]
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  8. Raquel Fernández & Alessandra Fogli & Claudia Olivetti, 2004. "Mothers and Sons: Preference Formation and Female Labor Force Dynamics," The Quarterly Journal of Economics, MIT Press, vol. 119(4), pages 1249-1299, November. [Downloadable!] (restricted)
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  12. Matthias Doepke & Fabrizio Zilibotti, 2003. "Voting with Your Children: A Positive Analysis of Child Labor Laws," UCLA Economics Working Papers 828, UCLA Department of Economics. [Downloadable!]
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  17. Matthias Doepke, 2002. "Child Mortality and Fertility Decline: Does the Barro-Becker Model Fit the Facts?," UCLA Economics Working Papers 824, UCLA Department of Economics. [Downloadable!]
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  18. Razin, Assaf & Ben-Zion, Uri, 1975. "An Intergenerational Model of Population Growth," American Economic Review, American Economic Association, vol. 65(5), pages 923-33, December. [Downloadable!] (restricted)
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  20. Stephen L. Parente & Richard Rogerson & Randall Wright, 2000. "Homework in Development Economics: Household Production and the Wealth of Nations," Journal of Political Economy, University of Chicago Press, vol. 108(4), pages 680-687, August. [Downloadable!] (restricted)
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Cavalcanti, Tiago V. de V. & Tavares, Jose, 2003. "Women Prefer Larger Governments: Female Labor Supply and Public Spending," FEUNL Working Paper Series wp433, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    Other versions:
  2. John A. List & Haiwen Zhou, 2007. "Internal Increasing Returns to Scale and Economic Growth," NBER Technical Working Papers 0336, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Joanna Alexopoulos & Tiago V. de V. Cavalcanti, 2006. "Cheap Home Goods And Persistent Inequality," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 165, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
  4. Tiago V. de V. Cavalcanti & José Tavares, 2004. "Assessing The "Engines Of Liberation": Home Appliances And Female Labor Force Participation," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] 037, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
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  5. Cavalcanti, Tiago & Tavares, José, 2006. "Women Prefer Larger Governments: Growth, Structural Transformation and Government Size," CEPR Discussion Papers 5667, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  6. Carol Scotese Lehr, 2003. "Evidence on the Demographic Transition," Working Papers 0302, VCU School of Business, Department of Economics. [Downloadable!]
  7. Peter Rangazas & Alex Mourmouras, 2006. "Foreign Aid Policy and Sources of Poverty: A Quantitative Framework," IMF Working Papers 06/14, International Monetary Fund. [Downloadable!]
  8. Attanasio, O. & Low, H. & Sanchez-Marcos, V., 2004. "Explaining Changes in Female Labour Supply in a Life-cycle Model," Cambridge Working Papers in Economics 0451, Faculty of Economics, University of Cambridge. [Downloadable!]
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