TY  - JOUR
AU  - Bloom,David E.
AU  - Canning,David
AU  - Sevilla,Jaypee
TI  - Technological Diffusion, Conditional Convergence, and Economic Growth
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 8713
PY  - 2002
Y2  - January 2002
UR  - http://www.nber.org/papers/w8713
L1  - http://www.nber.org/papers/w8713.pdf
N1  - Author contact info:
David E. Bloom
Harvard School of Public Health
Department of Global Health and Population
665 Huntington Ave.
Boston, MA 02115
Tel: 617/432-0866
Fax: 617/432-6733
E-Mail: dbloom@hsph.harvard.edu

David Canning
Harvard School of Public Health
Department of Global Health and Population
665 Huntington Ave.
Boston, MA 02115
Tel: 617/432-6336
Fax: 617/566-0365
E-Mail: dcanning@hsph.harvard.edu

Jaypee Sevilla
Department of Population & Int'l Health
Harvard School of Public Health
Building I, Room 1210d
665 Huntington Avenue
Boston, MA 02115
Tel: 617/432-4054
E-Mail: jsevilla@hsph.harvard.edu
AB  - Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences in geography and institutions. TFP differentials explain a large part of cross-country income differences in our model; our estimates of the rate of return to capital, labor and schooling are completely consistent with micro-economic studies, implying the absence of externalities in aggregate production.
ER  -