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Research now shows that this step cannot be attributed to technological progress improving efficiency.
We document that the CAS research institutes have a productivity growth of 12.5% from 1998 to 2005, which can be further decomposed into 8.8% attributed to technological progress and 3.3% to efficiency improvement.
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Most of this can be attributed to technological growth within the cities.
Red Dead Redemption was delayed numerous times through its four-year development, often attributed to technological problems.
The Nobel laureate economist Robert Solow noted some 60 years ago that rising incomes should largely be attributed not to capital accumulation, but to technological progress – to learning how to do things better.
Thanks to technological progress, your earnings will have quadrupled.
It has also contributed to technological progress and enhanced consumers' choices.
But I draw the line at the neo-Luddite aversion to technological progress.
This was due to technological progress, and particularly for light, the development of the laser.
Total factor productivity (TFP) growth is closely related to technological progress.
An industry's technological innovation will, based on this, also lead to technological progress of related industries due to the technical and economic links between them.
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