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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9604 |
来源ID | Working Paper 9604 |
Frictionless Technology Diffusion: The Case of Tractors | |
Rodolfo Manuelli; Ananth Seshadri | |
发表日期 | 2003-04-07 |
出版年 | 2003 |
语种 | 英语 |
摘要 | Empirical evidence suggests that there is a long lag between the time a new technology is introduced and the time at which it is widely adopted. The conventional wisdom is that these observations are inconsistent with the predictions of the frictionless neoclassical model. In this paper we show this to be incorrect. Once the appropriate driving forces are taken into account, the neoclassical model can account for slow' adoption. We illustrate this by developing an industry model to study the equilibrium rate of diffusion of tractors in the U.S. between 1910 and 1960. |
主题 | Macroeconomics ; Macroeconomic Models ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w9604 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567228 |
推荐引用方式 GB/T 7714 | Rodolfo Manuelli,Ananth Seshadri. Frictionless Technology Diffusion: The Case of Tractors. 2003. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w9604.pdf(525KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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