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The Implications of Knowledge-Based Growth for Micro-Economic Policies

The Implications of Knowledge-Based Growth for Micro-Economic Policies

by Peter Howitt

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Originally published in 1996, Implications of Knowledge-Based Growth for Micro-Economic Policies is the sixth title in the Investment in Canada Research Series, reissued in 2019. The book looks at how developing effective policies to increase jobs and standards of living, requires the knowledge and understanding of the determinants of economic growth. The book addresses the dissension among economists and policy makers on aspects of the process generating growth, it agrees that there is a consensus that innovation resulting from the accumulation of knowledge plays a fundamental role. Looking at the significant structural changes of Canadian industries at the time of publication, the book examines how industries changed to meet new competitive challenges in the global marketplace, ensuring that the new economy is an innovative, knowledge-based one is key to Canada's future success. This volume discusses key issues linked with knowledge-based growth and looks at the sources of knowledge (concepts and measures used to track knowledge-based growth); policy issues (empirical evidence of knowledge-based growth, interprovincial barriers, intellectual property, international best practices, and industrial clusters); telecommunications issues (international comparisons on information infrastructure, Canadian communications equipment, the information highway). It will be of interest to academics working in the field of micro-economics as well as more broadly business studies, finance and economics.

Product Details

ISBN-13: 9781000752717
Publisher: Taylor & Francis
Publication date: 10/31/2019
Series: Routledge Revivals: The Investment Canada Research Series , #6
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 506

About the Author

Peter Howitt is the Bank of Montreal Professor of Money and Finance at the University of Western Ontario, London, Canada. He has published numerous research articles on monetary policy, macroeconomics, and economic growth.

Table of Contents


Introduction, Peter Howitt

Part I: Sources of Knowledge; Concepts and Measurement

1. On Some Problems in Measuring Knowledge Based Growth, Peter Howitt

Comment, Thomas K. Rymes

2. A Quantitative Assessment of High-Knowledge Industries Versus Low-Knowledge Industries, Frank C. Lee & Handan Has

Comment, Donald G. Mcfetridge

3. Human Capital Development and Innovation: A Sectoral Analysis, John R. Baldwin & Joanne Johnson

Comment, Lewis Alexander

Part II: A Knowledge-Based Approach to Framework Policy Issues

4. Evidence and Debate on Economic Integration and Economic Growth, Richard G. Harris

Comment, James A. Brander

5. Interprovincial Barriers to Trade and Endogenous Growth Considerations, John Whalley

Comment, Robin Boadway

6. Intellectual Property and Endogenous Growth, A.L. Keith Acheson & Donald G. McFetridge

Comment, Jock Langford

Part III: Dinner Speech

7. Economic and Social Implications of a Knowledge-Based Society, Luc Soete

Part IV: Facilitating Knowledge-Based Growth

8. A Structuralist View of Innovation Policy, Richard G. Lipsey & Ken Carlaw

Comment, Gilles Paquet

9. Local Systems of Innovation: In Search of an Enabling Strategy, Zoltan Acs, John De La Mothe & Gilles Paquet

Comment, John Burbidge

Part V: Canada and the Global Telecommunications Revolution

10. The Impact Of Telecommunications Infrastructure On Economic Development, Lars-Hendrik Röller & Leonard Waverman

Comment, David Alan Aschauer

11. The Canadian Communication Equipment Industry as a Source of R&D Spillovers and Productivity Growth, Jeffrey I. Bernstein

Comment, Michael Denny

12. The Information Highway and the Economy, Steven Globerman

Comment, Roger Miller

Rapporteur's Comments

13. Conference Report, John F. Helliwell

About the Contributors