If Technology Has Arrived Everywhere, Why Has Income Diverged?

Comin, Diego and Mestieri, Marti (2013) If Technology Has Arrived Everywhere, Why Has Income Diverged? TSE Working Paper, n. 13-409, Toulouse

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Official URL: http://tse-fr.eu/pub/27237

Abstract

If Technology Has Arrived Everywhere, Why Has Income Diverged?
We study the lags with which new technologies are adopted across countries, and their
long-run penetration rates once they are adopted. Using data from the last two centuries,
we document two new facts: there has been convergence in adoption lags between rich
and poor countries, while there has been divergence in penetration rates. Using a model
of adoption and growth, we show that these changes in the pattern of technology diffusion
account for 80% of the Great Income Divergence between rich and poor countries since
1820.

Item Type: Monograph (Working Paper)
Language: English
Date: May 2013
Place of Publication: Toulouse
JEL codes: E13 - Neoclassical
O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
O33 - Technological Change - Choices and Consequences; Diffusion Processes
O41 - One, Two, and Multisector Growth Models
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 09 Jul 2014 17:36
Last Modified: 20 Mar 2018 14:48
OAI ID: oai:tse-fr.eu:27237
URI: http://publications.ut-capitole.fr/id/eprint/15640

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