Economic Impact of Stimulated Technological Activity. Part 1 Overall Economic Impact of Technological Progress Its Measurement

摘要

Investigations were performed at the national economic level to explore the aggregate effects of technological progress on econuacies in existing marco-economic yardsticks forced the study to focus on the cost savings effects achieved through technological progress. The central questions discussed in this report cover: (1) role of technological progress in economic growth, (2) factors determining the rate of economic growth due to technological progress; (3) quantitative measurements of relationships between technological progress, its determinants, and subsequent economic growth; and (4) effects of research and development activities of the space program. For Part 2, see N72-32174.