Brown Digital Repository | Item

Full Metadata

Overview

Contributor:: Basu, Susanto (creator); Weil, David N. (creator)
Genre:: articles
Subject:: Technology transfer; Economics; Economic development
DOI: https://doi.org/10.1162/003355398555829

Files

Description

Abstract:: We model growth and technology transfer in a world where technologies are specific to particular combinations of inputs. Unlike the usual specification, our model does not imply that an improvement in one technique for producing a given good improves all other techniques for producing that good. Technology improvements diffuse slowly across countries, although knowledge spreads instantaneously and there are no technology adoption costs. However, even with “Ak” production, our model implies conditional convergence. This model, with appropriate technology and technology diffusion, has more realistic predictions for convergence and growth than either the standard neoclassical model or simple endogenous-growth models.

Content

Citation

Basu, Susanto, and Weil, David N., "Appropriate technology and growth" Open Publications at Brown. Brown Digital Repository. Brown University Library. https://doi.org/10.1162/003355398555829

Relations

Collection:

Open Publications at Brown

This collection contains public access and open access versions of scholarly publications authored and deposited by Brown University scholars, including faculty publications in compliance with the Brown Faculty Open Access Policy
Faculty and student publications include open access articles and …

...

Appropriate technology and growth