Published October 4, 2017
| Submitted
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Government Policy and the Productivity Predicament
- Creators
- Noll, Roger G.
Abstract
The poor performance of the American economy since 1970 has given rise to numerous proposals to increase the role of government in supporting the commercialization of new technologies through government demonstration programs and other policies designed to promote a specific new technical idea. This paper examines the political incentives acting upon government in supporting new technology, using several specific cases to illustrate the general principle that targeted demonstration projects are more likely to be the cause of declining productivity of American Industry than to be the cure.
Additional Information
Presented at the Conference on America's Manufacturing Performance at the University of California, Los Angeles, March 30-31, 1982. I am indebted to Linda Cohen for most of the research and ideas in this section; see her paper, "The Clinch River Breeder Reactor: Background and Discussion," California Institute of Technology, May 1982.Attached Files
Submitted - sswp433.pdf
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Additional details
- Eprint ID
- 81975
- Resolver ID
- CaltechAUTHORS:20171002-155719990
- Created
-
2017-10-04Created from EPrint's datestamp field
- Updated
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2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 433