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There is an emerging consensus among macro-economists that differences in technology across countries account for the major differences in per-capita GDP and the wages of workers with similar skills across countries. Accounting for differences in technology levels across countries thus can go a...
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The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010257289
In less than a decade after the end of the apartheid, South Africa has intensified its economic ties with its African neighbours to become one of the top-ten investors and trading partners of many African countries, displacing companies from the former colonial powers in Europe. Among such South...
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Technological know-how is necessary to make effectively use of new machinery and capital goods. Firms and employees accumulate technology-specific knowledge when working with specific machinery. Radical innovation differs by technology type and pre-existing knowledge may be imperfectly...
Persistent link: https://www.econbiz.de/10012867627
To generate knowledge and technology transfer, universities are exploring new collaborative models. These new models aim to include actors that can have a positive impact on the technology transfer efforts of engaged academics. While open and collaborative models for technology transfer are seen...
Persistent link: https://www.econbiz.de/10013234489
In this survey, I discuss four sources of growth of knowledge: research, schooling, learning by doing, and training. In trying to disentangle what is important, I emphasize the following facts: (1) even the most advanced countries spend far more on adoption of existing technologies than on...
Persistent link: https://www.econbiz.de/10013239356
We study optimal growth under learning. We extend the Mirman-Zilcha stochastic growth results characterizing optimal programs for general utility and production functions to the case of learning. We then use recursive methods to study the effect of learning on the dynamic program by considering...
Persistent link: https://www.econbiz.de/10013034852