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From the Macro to the Micro—Technology Adoption at the Firm Level

  • Terence M. Yhip,
  • Brian Alagheband

摘要

In the long-run, productivity is the most important determinant of growth and, in turn, improvement in living standard. Increases in labour productivity growth come from the ability to produce more output by better ways of combining inputs of physical capital, intangible capital, labour, and other inputs.