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Technology Differences over Space and Time /

This book examines how countries use their productive resources--such as workers, skills, equipment and structures, and natural resources. It develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time. The book find...

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Detalles Bibliográficos
Autor principal: Caselli, Francesco (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2017]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Caselli, Francesco,  |e author. 
245 1 0 |a Technology Differences over Space and Time /   |c Francesco Caselli. 
264 1 |a Princeton :  |b Princeton University Press,  |c [2017] 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2017 
264 4 |c ©[2017] 
300 |a 1 online resource (144 pages):   |b illustrations 
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338 |a online resource  |b cr  |2 rdacarrier 
490 0 |a CREI lectures in macroeconomics 
505 0 |a Introduction and preliminaries -- Skilled and unskilled labor -- Natural and reproducible capital -- Capital and labor -- An endogenous technology framework -- Skilled labor, unskilled labor, and experience over time -- Skills and capital over time and across countries -- Conclusions. 
520 |a This book examines how countries use their productive resources--such as workers, skills, equipment and structures, and natural resources. It develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time. The book 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, the book 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. The book 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. 
588 |a Description based on print version record. 
650 7 |a Labor productivity.  |2 fast  |0 (OCoLC)fst00990137 
650 7 |a Industrial productivity  |x Effect of technological innovations on.  |2 fast  |0 (OCoLC)fst00971512 
650 7 |a Industrial productivity.  |2 fast  |0 (OCoLC)fst00971502 
650 7 |a Capital productivity.  |2 fast  |0 (OCoLC)fst00846385 
650 7 |a Performance technology.  |2 fast  |0 (OCoLC)fst01057883 
650 7 |a BUSINESS & ECONOMICS  |x Industries  |x General.  |2 bisacsh 
650 6 |a Productivite  |x Effets des innovations sur. 
650 6 |a Capital  |x Productivite  |x Effets des innovations sur. 
650 6 |a Capital  |x Productivite. 
650 6 |a Productivite. 
650 0 |a Performance technology. 
650 0 |a Labor productivity  |x Effect of technological innovations on. 
650 0 |a Capital productivity  |x Effect of technological innovations on. 
650 0 |a Industrial productivity  |x Effect of technological innovations on. 
650 0 |a Labor productivity. 
650 0 |a Capital productivity. 
650 0 |a Industrial productivity. 
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710 2 |a Project Muse.  |e distributor 
830 0 |a Book collections on Project MUSE. 
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945 |a Project MUSE - 2017 Complete 
945 |a Project MUSE - 2017 Political Science and Policy Studies