If Technology Has Arrived Everywhere, Why Has Income Diverged?
نویسندگان
چکیده
منابع مشابه
If Technology has Arrived Everywhere, why Has Income Diverged?
We study the cross-country evolution of technology diffusion processes. Using data from the last two centuries for twenty-five major technologies, we document two new facts: there has been convergence in adoption lags between rich and poor countries, while there has been divergence in long run penetration rates, once technologies are adopted. We show that the evolution of aggregate productivity...
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ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2018
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.20150175