Pharmaceutical-embodied technical progre
✍
Frank R. Lichtenberg; Suchin Virabhak
📂
Article
📅
2007
🏛
John Wiley and Sons
🌐
English
⚖ 255 KB
## Abstract Several econometric studies have concluded that technical progress embodied in equipment is a major source of manufacturing productivity growth. Other research has suggested that, over the long run, growth in the US economy's ‘health output’ has been at least as large as the growth in n