Technological change and the wealth of nations
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- dc.contributor.author Gancia, Gino A.ca
- dc.contributor.author Zilibotti, Fabrizioca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T12:07:54Z
- dc.date.available 2017-07-26T12:07:54Z
- dc.date.issued 2008-10-01
- dc.date.modified 2017-07-23T02:12:16Z
- dc.description.abstract We discuss a unified theory of directed technological change and technology adoption that can shed light on the causes of persistent productivity differences across countries. In our model, new technologies are designed in advanced countries and diffuse endogenously to less developed countries. Our framework is rich enough to highlight three broad reasons for productivity differences: inappropriate technologies, policy-induced barriers to technology adoption, and within-country misallocations across sectors due to policy distortions. We also discuss the effects of two aspects of globalization, trade in goods and migration, on the wealth of nations through their impact on the direction of technical progress. By doing so, we illustrate some of the equalizing and unequalizing forces of globalization.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1125
- dc.identifier.citation Annual Review of Economics, 1, 93-120, 2009
- dc.identifier.uri http://hdl.handle.net/10230/578
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1125
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword barriers to technology adoption
- dc.subject.keyword directed technology adoption
- dc.subject.keyword endogenous growth
- dc.subject.keyword globalization
- dc.subject.keyword human capital
- dc.subject.keyword inappropriate technologies
- dc.subject.keyword market power
- dc.subject.keyword political economy
- dc.subject.keyword skill-biased technical chan
- dc.subject.keyword Macroeconomics and International Economics
- dc.title Technological change and the wealth of nationsca
- dc.type info:eu-repo/semantics/workingPaper