Technology differences over space and time / / Francesco Caselli

• Autore: Caselli Francesco
• Pubblicazione: Princeton, NJ : , : Princeton University Press, , [2016]; ©2017
• Descrizione fisica: 1 online resource (145 pages) : illustrations, graphs
• Disciplina: 338.06
• Soggetto topico: Technology transfer; BUSINESS & ECONOMICS / Labor
• Soggetto non controllato: aggregate production; augmentation; bias; capital aggregate; capital goods; capital; efficiency; endogenous technology framework; experience; factor bias; income; industrial policy; labor aggregate; labor input; labor supply; labor; multinationals; natural capital; natural resources; production technology; production; productive inputs; productive resource; relative marginal products; relative supply; relative wage; reproducible capital; school quality; skill bias; skill premium; skill; skilled labor; skilled workers; skills supply; substitution; technical change; technological innovation; technology choice; technology difference; technology; unskilled labor; unskilled workers; variable capital shares; wage rate
• Classificazione: QV 020
• Note generali: Previously issued in print: 2016.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: 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
• Sommario/riassunto: 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.
• Titolo autorizzato: Technology differences over space and time
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910151647203321
• Lo trovi qui: Univ. Federico II
• Serie: CREI lectures in macroeconomics.