LEADER 05243nam 22010935 450 001 9910151647203321 005 20220331164533.0 024 7 $a10.1515/9781400883608 035 $a(CKB)3710000000906637 035 $a(MiAaPQ)EBC4756767 035 $a(StDuBDS)EDZ0001816154 035 $a(OCoLC)988926354 035 $a(MdBmJHUP)muse60972 035 $a(DE-B1597)474658 035 $a(OCoLC)984687103 035 $a(DE-B1597)9781400883608 035 $a(PPN)265129753 035 $a(FR-PaCSA)88935358 035 $a(EXLCZ)993710000000906637 100 $a20190523d2016 fg 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aTechnology differences over space and time /$fFrancesco Caselli 210 1$aPrinceton, NJ :$cPrinceton University Press,$d[2016] 210 4$dİ2017 215 $a1 online resource (145 pages) $cillustrations, graphs 225 0 $aCREI Lectures in Macroeconomics 300 $aPreviously issued in print: 2016. 311 $a0-691-14602-0 311 $a1-4008-8360-1 320 $aIncludes bibliographical references and index. 327 $tFrontmatter --$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 330 $aTechnology Differences over Space and Time looks at how countries use their productive resources-such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time.Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources. They also are relatively more efficient users of labor than of capital. Technological change tends to make countries particularly efficient at using skills and less efficient at using capital. Technical change also favors experienced workers.In order to interpret and understand these findings, Caselli presents a theory of technology choice. In this theory, firms pick technologies that make the most efficient use of the most abundant production factors when these factors are good substitutes for the less abundant factors. Firms pick technologies that make the most of less abundant factors when other suitable factors are not available for substitution. For example, rich countries, where skilled workers are abundant, use skilled workers efficiently, as these are good substitutes for unskilled workers. This flexible framework can be applied to other pairs of inputs, over time, and across countries.Technology Differences over Space and Time has significant implications not only for the theoretical understanding of development and technological innovation, but also for government formulation of industrial policy and multinationals making decisions about what to invest in and where to make those investments. 410 0$aCREI lectures in macroeconomics. 606 $aTechnology transfer 606 $aBUSINESS & ECONOMICS / Labor$2bisacsh 610 $aaggregate production. 610 $aaugmentation. 610 $abias. 610 $acapital aggregate. 610 $acapital goods. 610 $acapital. 610 $aefficiency. 610 $aendogenous technology framework. 610 $aexperience. 610 $afactor bias. 610 $aincome. 610 $aindustrial policy. 610 $alabor aggregate. 610 $alabor input. 610 $alabor supply. 610 $alabor. 610 $amultinationals. 610 $anatural capital. 610 $anatural resources. 610 $aproduction technology. 610 $aproduction. 610 $aproductive inputs. 610 $aproductive resource. 610 $arelative marginal products. 610 $arelative supply. 610 $arelative wage. 610 $areproducible capital. 610 $aschool quality. 610 $askill bias. 610 $askill premium. 610 $askill. 610 $askilled labor. 610 $askilled workers. 610 $askills supply. 610 $asubstitution. 610 $atechnical change. 610 $atechnological innovation. 610 $atechnology choice. 610 $atechnology difference. 610 $atechnology. 610 $aunskilled labor. 610 $aunskilled workers. 610 $avariable capital shares. 610 $awage rate. 615 0$aTechnology transfer. 615 7$aBUSINESS & ECONOMICS / Labor. 676 $a338.06 686 $aQV 020$2rvk 700 $aCaselli$b Francesco$0125815 801 0$bDE-B1597 801 1$bDE-B1597 906 $aBOOK 912 $a9910151647203321 996 $aTechnology differences over space and time$92810430 997 $aUNINA