Technology, Productivity, and Economic Growth

Technology, Productivity, and Economic Growth by Susanto Basu, published by University of Chicago Press in 2025, is a comprehensive examination of the interplay between technological advancements and their impact on productivity and economic growth. This 448-page volume delves into current developments across various industries, including artificial intelligence and green energy innovations, highlighting their potential effects on economic dynamics.
Readers will find an in-depth analysis of how rapid technological changes can be conceptualized and modeled to enhance productivity measures. The book utilizes new methods for integrating diverse data sources, providing fresh insights into longstanding issues in productivity analysis and technological change. Topics such as economic development and industrial management are explored, making this work a valuable resource for those interested in the intersections of business, economics, and technological progress.
Official synopsis Publisher
“A wide-reaching exploration of how technological advancements influence and shape productivity and economic growth. Current technological developments in several industries, such as the rise of artificial intelligence and innovations associated with the green energy transition, are likely to have significant and wide-ranging effects. This volume explores the implications of rapid changes in advanced technology and considers how to conceptualize and model these advances and improve measures of productivity and economic growth. The study of these issues is facilitated both by new methods for using and integrating disparate data sources and by the availability of new data sources. The chapters in this volume leverage these developments to offer fresh insights into long-standing issues in productivity analysis and technological change”– Provided by publisher.
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