Productivity and Prosperity

Economic Growth: The Importance of Education and Technological Development


Arthur Blakemore, Ph.D.
University Vice Provost and Professor, Department of Economics
Berthold Herrendorf, Ph.D.
Professor, Department of Economics

Reviews the lessons economists have learned from investigating growth experiences and income gaps across countries. A country or a region can grow in two ways: it can either catch up with the leading economies or it can be a leading economy itself. The first paradigm applies to many developing countries, whereas the second concept applies to U.S. states or regions.


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Arthur Blakemore, Ph.D.
University Vice Provost and Professor, Department of Economics
Berthold Herrendorf, Ph.D.
Professor, Department of Economics

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