題目: Technology Assimilation and Growth
主講: Chong-Kee Yip
Chinese University of Hong Kong
時間：2009年2月26日（周四）下午4: 00—5:30
地點：意昂2平台614會議室
Abstract: This paper examines the effect of technology adoption on economic development in a standard overlapping generations model. The key to successful technology adoption is a country’s ability to technology assimilation. If technology assimilation is weak, then wages are not sufficient to support capital used by the advanced capital-intensive technology. As a result, future production declines and a poverty trap is formed. If technology assimilation is strong, then converging to the steady state of the rich is almost a sure outcome through technology adoption.
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