Technological development, technological complementarity and structural change

• Authors: Szalavetz A.
• Languages of publication: HU

Abstracts

EN

The paper looks at the relation between technological development and structural change. It tries to say whether technological development leads automatically to an increased level of specialization. The reverse side of the coin is also examined: whether industries in which a country specializes show a higher than average rate of technological development. Finally an opinion is formed on the old question of whether such things as 'good' specializations exist. In the second part, two well-known theories of structural change - multi-stage theory of technological accumulation, and evolutionary theory, explaining economic growth in terms of emergence and development of new industries - are complemented by the theory of technological complementarity.

Keywords

EN

COMPLEMENTARITY; SPECIALIZATION; STRUCTURAL CHANGE; TECHNOLOGICAL DEVELOPMENT

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2004
• Volume: 51
• Issue: 4
• Pages: 362-378
• Document type: ARTICLE

Contributors

author

Szalavetz A.

• A. Szalavetz, no address given, contact the journal editor

Identifiers

CEJSH db identifier

06HUAAAA00661667