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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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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 Classification: | 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: | 02 Apr 2021 15:48 |
| OAI Identifier: | oai:tse-fr.eu:27237 |
| URI: | https://publications.ut-capitole.fr/id/eprint/15640 |
