Investment-specific technological progress: Difference between revisions

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[[Image:figure4.jpg|thumb|400px|center|Figure 3]]
Figures 2 and 3 suggest that '''investment-specific''' technological change is operating in the US. The annual rate of technological progress in equipment and structures has been measureestimated to be about 3.2% and 1%, respectively (Gort et al. 1999) (Greenwood et al. 1997).
 
==Conclusion==