G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20856
来源IDWorking Paper 20856
Why Doesn't Technology Flow from Rich to Poor Countries?
Harold L. Cole; Jeremy Greenwood; Juan M. Sanchez
发表日期2015-01-19
出版年2015
语种英语
摘要What determines the technology that a country adopts? While many factors affect technological adoption, the efficiency of the country's financial system may also play a significant role. To address this question, a dynamic contract model is embedded into a general equilibrium setting with competitive intermediation. The ability of an intermediary to monitor and control the cash flows of a firm plays an important role in the technology adoption decision. Can such a theory help to explain the differences in total factor productivity and establishment-size distributions across India, Mexico, and the United States? A quantitative illustration suggests the answer is yes.
主题Microeconomics ; Behavioral Economics ; Macroeconomics ; Macroeconomic Models ; Financial Economics ; Financial Institutions ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w20856
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578531
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GB/T 7714
Harold L. Cole,Jeremy Greenwood,Juan M. Sanchez. Why Doesn't Technology Flow from Rich to Poor Countries?. 2015.
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