Borrowing Constraints and Technology Diffusion: Implications of Intra-Industry Trade

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چکیده

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منابع مشابه

Borrowing Constraints and Technology Di¤usion: Implications of Intra-Industry Trade (Job Market Paper)

This paper develops a theory of total factor productivity di¤erences in a framework of technology di¤usion. I show how in countries with tighter borrowing constraints, frontier technologies di¤use more slowly, and old outdated technologies continue to be used. I analyse how countries with di¤erent borrowing constraints specialise across new and old technologies through two forms of intra-indust...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2002

ISSN: 1556-5068

DOI: 10.2139/ssrn.340760