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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23095 |
来源ID | Working Paper 23095 |
Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier | |
Jess Benhabib; Jesse Perla; Christopher Tonetti | |
发表日期 | 2017-01-30 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity distribution and generate aggregate growth. We model firms that choose to innovate, adopt technology, or produce with their existing technology. Costly adoption creates a spread between the best and worst technologies concurrently used to produce similar goods. The balance of adoption and innovation determines the shape of the distribution; innovation stretches the distribution, while adoption compresses it. On the balanced growth path, the aggregate growth rate equals the maximum growth rate of innovators. While innovation drives long-run growth, changes in the adoption environment can influence growth by affecting innovation incentives, either directly, through licensing of excludable technologies, or indirectly, via the option value of adoption. |
主题 | Development and Growth ; Development ; Innovation and R& ; D ; Growth and Productivity |
URL | https://www.nber.org/papers/w23095 |
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/580769 |
推荐引用方式 GB/T 7714 | Jess Benhabib,Jesse Perla,Christopher Tonetti. Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier. 2017. |
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 | ||
w23095.pdf(552KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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