| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28561 |
| 来源ID | Working Paper 28561 |
| Big Push in Distorted Economies | |
| Francisco J. Buera; Hugo Hopenhayn; Yongseok Shin; Nicholas Trachter | |
| 发表日期 | 2021-03-15 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Why don't poor countries adopt more productive technologies? Is there a role for policies that coordinate technology adoption? To answer these questions, we develop a quantitative model that features complementarity in firms' technology adoption decisions: The gains from adoption are larger when more firms adopt. When this complementarity is strong, multiple equilibria and hence coordination failures are possible. More important, even without equilibrium multiplicity, the model elements responsible for the complementarity can substantially amplify the effect of distortions and policies. In what we call the Big Push region, the impact of idiosyncratic distortions is over three times larger than in models without such complementarity. This amplification enables our model to nearly fully account for the income gap between India and the US without coordination failures playing a role. |
| 主题 | Macroeconomics ; Consumption and Investment ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w28561 |
| 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/586233 |
| 推荐引用方式 GB/T 7714 | Francisco J. Buera,Hugo Hopenhayn,Yongseok Shin,et al. Big Push in Distorted Economies. 2021. |
| 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 | ||
| w28561.pdf（786KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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