Technology Differences over Space and Time:
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 var...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Princeton, NJ
Princeton University Press
[2016]
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| Schriftenreihe: | CREI Lectures in Macroeconomics
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| Schlagworte: | |
| Online-Zugang: | FAW01 FAB01 FCO01 FHA01 FKE01 FLA01 UPA01 UBG01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) |
| Beschreibung: | 1 online resource (144 pages) 30 line illus |
| ISBN: | 9781400883608 |
| DOI: | 10.1515/9781400883608 |
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| 520 | |a 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 | ||
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Datensatz im Suchindex
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| author | Caselli, Francesco |
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| dewey-full | 338.06 |
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| dewey-ones | 338 - Production |
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| discipline | Wirtschaftswissenschaften |
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| doi_str_mv | 10.1515/9781400883608 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T18:54:16Z |
| indexdate | 2024-07-10T09:18:45Z |
| institution | BVB |
| isbn | 9781400883608 |
| language | English |
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| physical | 1 online resource (144 pages) 30 line illus |
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| spelling | Caselli, Francesco Verfasser aut Technology Differences over Space and Time Francesco Caselli Princeton, NJ Princeton University Press [2016] © 2017 1 online resource (144 pages) 30 line illus txt rdacontent c rdamedia cr rdacarrier CREI Lectures in Macroeconomics Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) 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 In English BUSINESS & ECONOMICS / Labor bisacsh Capital productivity Effect of technological innovations on Capital productivity Industrial productivity Effect of technological innovations on Industrial productivity Labor productivity Effect of technological innovations on Labor productivity Technology transfer https://doi.org/10.1515/9781400883608 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Caselli, Francesco Technology Differences over Space and Time BUSINESS & ECONOMICS / Labor bisacsh Capital productivity Effect of technological innovations on Capital productivity Industrial productivity Effect of technological innovations on Industrial productivity Labor productivity Effect of technological innovations on Labor productivity Technology transfer |
| title | Technology Differences over Space and Time |
| title_auth | Technology Differences over Space and Time |
| title_exact_search | Technology Differences over Space and Time |
| title_exact_search_txtP | Technology Differences over Space and Time |
| title_full | Technology Differences over Space and Time Francesco Caselli |
| title_fullStr | Technology Differences over Space and Time Francesco Caselli |
| title_full_unstemmed | Technology Differences over Space and Time Francesco Caselli |
| title_short | Technology Differences over Space and Time |
| title_sort | technology differences over space and time |
| topic | BUSINESS & ECONOMICS / Labor bisacsh Capital productivity Effect of technological innovations on Capital productivity Industrial productivity Effect of technological innovations on Industrial productivity Labor productivity Effect of technological innovations on Labor productivity Technology transfer |
| topic_facet | BUSINESS & ECONOMICS / Labor Capital productivity Effect of technological innovations on Capital productivity Industrial productivity Effect of technological innovations on Industrial productivity Labor productivity Effect of technological innovations on Labor productivity Technology transfer |
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