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Is American Health Care Uniquely Inefficient? Evidence from Prescription Drugs
Kyle, Margaret - 2017
Alan Garber and Jonathan Skinner (2008) famously conjectured that the US health care system was “uniquely inefficient” relative to other countries. We test this idea using cross-country data on prescription drug sales newly linked with an arguably objective measure of relative therapeutic...
Persistent link: https://www.econbiz.de/10012964901
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Leapfrogging : A Theory of Cycles in National Technological Leadership
Brezis, Elise S. - 2010
Much recent work has suggested that endogenous technological change tends to reinforce the position of the leading nations. Yet from time to time this leadership role shifts. We suggest a mechanism that explains this pattern of -leapfrogging- as a response to occasional major changes in...
Persistent link: https://www.econbiz.de/10012763517
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International Technology Diffusion
Keller, Wolfgang - 2021
I discuss the concept and empirical importance of international technology diffusion from the point of view of recent work on endogenous technological change. In this literature, technology is viewed as technological knowledge. I first review the major concepts, and how international technology...
Persistent link: https://www.econbiz.de/10013224853
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Five Facts You Need to Know About Technology Diffusion
Comin, Diego; Hobijn, Bart; Rovito, Emilie - 2021
This paper presents a new data set on the diffusion of about 115 technologies in over 150 countries over the last 200 years. We use this comprehensive data set to uncover general patterns of technology diffusion. Our main 5 findings are as follows: (i) Once the intensive margin is measured,...
Persistent link: https://www.econbiz.de/10013248719
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An Exploration of Technology Diffusion
Comin, Diego - 2012
We develop and estimate a model where technology diffusion depends on the level of productivity embodied in capital and … vintages to use in production determines the variety margin.Estimation of our model for a sample of 19 technologies, 21 … countries, and the period 1870-1998 reveals that embodied productivity growth is large for many of the technologies in our …
Persistent link: https://www.econbiz.de/10012755514
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Technology Diffusion
Stokey, Nancy L. - 2022
The importance of new technologies derives from the fact that they spread across many different users and uses, as well as different geographic regions. The diffusion of technological improvements, across producers within a country and across international borders, is critical for long run...
Persistent link: https://www.econbiz.de/10013308201
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Equilibrium Technology Diffusion, Trade, and Growth
Perla, Jesse - 2015
We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country. We characterize the growth rate using a summary statistic of the profit distribution—the mean-min ratio. Opening to trade...
Persistent link: https://www.econbiz.de/10013029555
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Reconciling Models of Diffusion and Innovation : A Theory of the Productivity Distribution and Technology Frontier
Benhabib, Jess - 2017
We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity …
Persistent link: https://www.econbiz.de/10012964404
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Innovations and Technological Spillovers
Nadiri, M. Ishaq - 2021
&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity … between R&D expenditures and growth of output or total factor productivity. The relation is pervasive, though the magnitudes …, there is evidence that R&D as a factor of production affects not only productivity growth but also the demand for …
Persistent link: https://www.econbiz.de/10013249157
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International R&D Spillovers
Coe, David T.; Helpman, Elhanan - 2021
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …
Persistent link: https://www.econbiz.de/10013246064