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Technology Differences over Space and Time / Francesco Caselli.

By: Material type: TextTextSeries: CREI Lectures in MacroeconomicsPublisher: Princeton, NJ : Princeton University Press, [2016]Copyright date: ©2017Description: 1 online resource (144 p.) : 30 line illusContent type:
Media type:
Carrier type:
ISBN:
  • 9780691146027
  • 9781400883608
Subject(s): DDC classification:
  • 338.06 23
LOC classification:
  • HC79.I52 C37 2018
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- Contents -- Preface -- 1. Introduction and Preliminaries -- Part I. Technology Differences Across Space -- Part II. Interpreting Technology Differences -- Part III. Technology Differences over Time -- Appendix A. Proofs and Calculations -- Appendix B. A New Data Set on Mincerian Returns (with Jacopo Ponticelli and Federico Rossi) -- References -- Index
Summary: Technology Differences over Space and Time looks at how countries use their productive resources-such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time.Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources. They also are relatively more efficient users of labor than of capital. Technological change tends to make countries particularly efficient at using skills and less efficient at using capital. Technical change also favors experienced workers.In order to interpret and understand these findings, Caselli presents a theory of technology choice. In this theory, firms pick technologies that make the most efficient use of the most abundant production factors when these factors are good substitutes for the less abundant factors. Firms pick technologies that make the most of less abundant factors when other suitable factors are not available for substitution. For example, rich countries, where skilled workers are abundant, use skilled workers efficiently, as these are good substitutes for unskilled workers. This flexible framework can be applied to other pairs of inputs, over time, and across countries.Technology Differences over Space and Time has significant implications not only for the theoretical understanding of development and technological innovation, but also for government formulation of industrial policy and multinationals making decisions about what to invest in and where to make those investments.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9781400883608

Frontmatter -- Contents -- Preface -- 1. Introduction and Preliminaries -- Part I. Technology Differences Across Space -- Part II. Interpreting Technology Differences -- Part III. Technology Differences over Time -- Appendix A. Proofs and Calculations -- Appendix B. A New Data Set on Mincerian Returns (with Jacopo Ponticelli and Federico Rossi) -- References -- Index

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

Technology Differences over Space and Time looks at how countries use their productive resources-such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time.Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources. They also are relatively more efficient users of labor than of capital. Technological change tends to make countries particularly efficient at using skills and less efficient at using capital. Technical change also favors experienced workers.In order to interpret and understand these findings, Caselli presents a theory of technology choice. In this theory, firms pick technologies that make the most efficient use of the most abundant production factors when these factors are good substitutes for the less abundant factors. Firms pick technologies that make the most of less abundant factors when other suitable factors are not available for substitution. For example, rich countries, where skilled workers are abundant, use skilled workers efficiently, as these are good substitutes for unskilled workers. This flexible framework can be applied to other pairs of inputs, over time, and across countries.Technology Differences over Space and Time has significant implications not only for the theoretical understanding of development and technological innovation, but also for government formulation of industrial policy and multinationals making decisions about what to invest in and where to make those investments.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)