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Measuring Technology Sophistication in Guyana

In: Contemporary Challenges for Caribbean Economies

Author

Listed:
  • Terence M. Yhip
  • Brian Alagheband

Abstract

Let’s clarify a point on economics methodology and scientific inquiry at the outset. We are not claiming that everything worth knowing about technological progress can and must be reduced to numerical measurements; indeed, the previous chapters should convince you that economic science is still struggling to explain technical progress, or the SolowSolow, Robert M. residual after almost 7 decades of extensive and ongoing research (books and articles) that could fill an entire library.

Suggested Citation

  • Terence M. Yhip & Brian Alagheband, 2024. "Measuring Technology Sophistication in Guyana," Springer Books, in: Contemporary Challenges for Caribbean Economies, chapter 0, pages 295-341, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-57492-4_7
    DOI: 10.1007/978-3-031-57492-4_7
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