Technology Diffusion

Nancy Stokey

Review of Economic Dynamics, 2021, vol. 42, 15-36

Abstract: The importance of new technologies derives from the fact that they spread across many different users and uses, as well as different geographic regions. The diffusion of technological improvements, across producers within a country and across international borders, is critical for long run growth. This paper looks at some evidence on adoption patterns in the U.S. for specific innovations, reviews some evidence on the diffusion of new technologies across international boundaries, and looks at two theoretical frameworks for studying the two types of evidence. One focuses on the dynamics of adoption costs, the other on input costs. (Copyright: Elsevier)

Keywords: Technology adoption; Diffusion; Innovation; Technical change (search for similar items in EconPapers)
JEL-codes: O14 O33 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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DOI: 10.1016/j.red.2020.09.008

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