We may distinguish between two concepts of technology: a theoretical level of technology (that is, a technology … possibilities frontier) and a level of technology in practice (that is, ready to use in production technology). Having these two … the implementation of technology to productive uses. There is a trade-off between the two technology variables and we …

). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …

This paper investigates the role of technology shocks as a propagation mechanism for business cycles using the new … Japan during the period 1980 to 2000, I find that though technology shocks play an important role in propagating market …, something that standard RBC models fail to recognize and consequently tends to overemphasize the role of technology shocks. …

concentrate exclusively on DSL. Rather, its impact should be technology-neutral. …

The diffusion of modern, efficient technology has far-reaching consequences for the geography of economic activity … favorable to the rapid spread of new technology. The first states that latecomer advantage allows developing countries to … diffuse new technology faster than developed countries. The second claim, widely articulated by advocates of neo …

Recently there has been a growing tendency to impose curvature, but not monotonicity, on specifications of technology …, estimated flexible specifications of technology are much more likely to violate curvature than monotonicity. Hence it has been … our earlier results with a multiproduct financial technology specified to be generalized quadratic. In our earlier work …