Beck, Jonathan; Grajek, Michal; Wey, Christian - European School of Management and Technology (ESMT) - 2007
Cross-country or cross-industry studies of technology diffusion typically estimate how independent factors affect … diffusion speed or timing, often based on a two-stage approach. In many applications, however, countries (industries) differ … most in the saturation level of diffusion. In a novel, single-stage econometric approach to a standard diffusion model, we …