Exogenous Technological Change

GPTKB entity

Statements (13)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:affects Economic Growth
gptkbp:assumes Technology advances at a rate independent of the economy
gptkbp:contrastsWith gptkb:Endogenous_Technological_Change
gptkbp:criticizedFor Lack of explanation for sources of innovation
gptkbp:describes Technological progress that occurs independently of economic factors
gptkbp:featuredIn gptkb:Solow-Swan_Model
https://www.w3.org/2000/01/rdf-schema#label Exogenous Technological Change
gptkbp:introduced gptkb:Robert_Solow
gptkbp:relatedTo Productivity Increase
gptkbp:usedIn gptkb:Neoclassical_Growth_Model
gptkbp:bfsParent gptkb:Endogenous_Technological_Change
gptkbp:bfsLayer 5