The 'appropriate technology' explanation of productivity growth differentials: An empirical approachLos, B. & Timmer, M. P., Aug-2005, In : Journal of Development Economics. 77, 2, p. 517-531 15 p.
Research output: Contribution to journal › Article › Academic › peer-review
This paper aims at giving empirical content to the Basu and Weil (1998) [Basu, S., Weil, D.N., 1998. Appropriate technology and growth. Quarterly Journal of Economics 113, 1025-1054] theory of growth, in which localized innovation, assimilation of spillovers and differences in speeds of capital intensification yield diverse patterns of international convergence and divergence. The contributions of these sources to labor productivity growth are quantified for a sample of countries, using data envelopment analysis techniques. Regression analysis shows that the observed patterns were mainly driven by processes of creating spillover potential through capital intensification. Assimilation appears to be much slower than assumed in Basu and Weil's model. (c) 2005 Elsevier B.V. All rights reserved.
|Number of pages||15|
|Journal||Journal of Development Economics|
|Publication status||Published - Aug-2005|
|Event||16th Annual Congress of the European-Economic-Association - , Switzerland|
Duration: 30-Aug-2001 → 1-Sep-2001
16th Annual Congress of the European-Economic-Association
30/08/2001 → 01/09/2001Switzerland
- economic growth, productivity, technological change, data envelopment analysis, spillovers, ECONOMIC-GROWTH, CONVERGENCE, EFFICIENCY, COUNTRIES, PROGRESS