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003 IT-RoAPU
005 20221214233813.0
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008 210830t20162017nju fo d z eng d
020 _a9780691146027
_qprint
020 _a9781400883608
_qPDF
024 7 _a10.1515/9781400883608
_2doi
035 _a(DE-B1597)9781400883608
035 _a(DE-B1597)474658
035 _a(OCoLC)984687103
040 _aDE-B1597
_beng
_cDE-B1597
_erda
050 4 _aHC79.I52
_bC37 2018
072 7 _aBUS038000
_2bisacsh
082 0 4 _a338.06
_223
084 _aonline - DeGruyter
100 1 _aCaselli, Francesco
_eautore
245 1 0 _aTechnology Differences over Space and Time /
_cFrancesco Caselli.
264 1 _aPrinceton, NJ :
_bPrinceton University Press,
_c[2016]
264 4 _c©2017
300 _a1 online resource (144 p.) :
_b30 line illus.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 0 _aCREI Lectures in Macroeconomics
505 0 0 _tFrontmatter --
_tContents --
_tPreface --
_t1. Introduction and Preliminaries --
_tPart I. Technology Differences Across Space --
_tPart II. Interpreting Technology Differences --
_tPart III. Technology Differences over Time --
_tAppendix A. Proofs and Calculations --
_tAppendix B. A New Data Set on Mincerian Returns (with Jacopo Ponticelli and Federico Rossi) --
_tReferences --
_tIndex
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aTechnology 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.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650 0 _aCapital productivity
_xEffect of technological innovations on.
650 0 _aCapital productivity.
650 0 _aIndustrial productivity
_xEffect of technological innovations on.
650 0 _aIndustrial productivity.
650 0 _aLabor productivity
_xEffect of technological innovations on.
650 0 _aLabor productivity.
650 0 _aTechnology transfer.
650 7 _aBUSINESS & ECONOMICS / Labor.
_2bisacsh
653 _aaggregate production.
653 _aaugmentation.
653 _abias.
653 _acapital aggregate.
653 _acapital goods.
653 _acapital.
653 _aefficiency.
653 _aendogenous technology framework.
653 _aexperience.
653 _afactor bias.
653 _aincome.
653 _aindustrial policy.
653 _alabor aggregate.
653 _alabor input.
653 _alabor supply.
653 _alabor.
653 _amultinationals.
653 _anatural capital.
653 _anatural resources.
653 _aproduction technology.
653 _aproduction.
653 _aproductive inputs.
653 _aproductive resource.
653 _arelative marginal products.
653 _arelative supply.
653 _arelative wage.
653 _areproducible capital.
653 _aschool quality.
653 _askill bias.
653 _askill premium.
653 _askill.
653 _askilled labor.
653 _askilled workers.
653 _askills supply.
653 _asubstitution.
653 _atechnical change.
653 _atechnological innovation.
653 _atechnology choice.
653 _atechnology difference.
653 _atechnology.
653 _aunskilled labor.
653 _aunskilled workers.
653 _avariable capital shares.
653 _awage rate.
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.1515/9781400883608?locatt=mode:legacy
856 4 0 _uhttps://www.degruyter.com/isbn/9781400883608
856 4 2 _3Cover
_uhttps://www.degruyter.com/cover/covers/9781400883608.jpg
942 _cEB
999 _c209675
_d209675