ABSTRACT
Nelson (1981: 1035) notes that much of the research work in the field of growth and technological change, has been concerned to explore and answer the following three broadly separable questions. What lies behind a particular country’s growth rate and its variation over time? What explains differences in levels and rates of change of productivity among countries? Why do certain firms and industries experience much faster productivity growth than others? In this book, we have also sought to provide answers to these central questions. It may be useful to summarize these answers.
