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http://hdl.handle.net/10419/59155
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| Title: | | Microeconomics of technology adoption  |
| Authors: | | Foster, Andrew D. Rosenzweig, Mark R. |
| Issue Date: | | 2010 |
| Series/Report no.: | | Center Discussion Paper, Economic Growth Center 984 |
| Abstract: | | There is an emerging consensus among macro-economists that differences in technology across countries account for the major differences in per-capita GDP and the wages of workers with similar skills across countries. Accounting for differences in technology levels across countries thus can go a long way towards understanding global inequality. One mechanism by which poorer countries can catch up with richer countries is through technological diffusion, the adoption by low-income countries of the advanced technologies produced in high-income countries. In this survey, we examine recent micro studies that focus on understanding the adoption process. If technological diffusion is a major channel by which poor countries can develop, it must be the case that technology adoption is incomplete or the inputs associated with the technologies are under-utilized in poor, or slow-growing economies. Thus, obtaining a better understanding of the constraints on adoption is useful in understanding a major component of growth. |
| Subjects: | | technology adoption review |
| JEL: | | O10 O13 O33 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Center Discussion Papers, Economic Growth Center (EGC), Yale University
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