Appropriate Technology and Growth
Susanto Basu () and
David Weil ()
The Quarterly Journal of Economics, 1998, vol. 113, issue 4, 1025-1054
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.
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (345) Track citations by RSS feed
Downloads: (external link)
http://hdl.handle.net/10.1162/003355398555829 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Appropriate Technology and Growth (1996)
Working Paper: Appropriate Technology and Growth (1996) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:113:y:1998:i:4:p:1025-1054.
Access Statistics for this article
The Quarterly Journal of Economics is currently edited by Robert J. Barro, Elhanan Helpman, Lawrence F. Katz and Andrei Schleifer
More articles in The Quarterly Journal of Economics from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().