کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7347327 | 1476499 | 2018 | 15 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Technology adoption, adaptation and growth
ترجمه فارسی عنوان
پذیرش فناوری، انطباق و رشد
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
چکیده انگلیسی
We revisit the notion of “appropriate technology” considered in Basu and Weil (1998) whereby technologies that are more capital intensive are adopted only after a certain level of capital depth has been achieved. We incorporate the idea by explicitly modelling the choice between two technologies in a heterogeneous agent model with overlapping generations. Both technologies can be improved through 'learning-by-doing' and adaptation of the technology to local conditions. One of the technologies is an 'advanced technology' in that it has potentially greater returns to capital deepening, and also to learning-by-doing and adaptation. However, a critical level of development has to be reached before the technology becomes appropriate; for lower levels of development the less advanced technology is more productive. Depending on initial conditions, a variety of long run outcomes and transitional dynamics are possible, suggesting that “appropriate technology” provides a potential explanation for the diversity of growth and technology diffusion experiences observed in world economies.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 70, April 2018, Pages 469-483
Journal: Economic Modelling - Volume 70, April 2018, Pages 469-483
نویسندگان
Radhika Lahiri, Juhong Ding, Zivanemoyo Chinzara,