Importing Technology
(382 K)
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NBER Working Paper No. 9928
Issued in August 2003
NBER Program(s): EFG ITI PR
We look at disaggregated imports of various types of equipment to make inferences on cross-country differences in the composition of equipment investment. We make three contributions. First, we document strikingly large differences in investment composition. Second, we explain these differences as being based on each equipment type's degree of complementarity with other factors whose abundance differs across countries. Third, we show that the composition of capital has the potential to account for some of the large observed differences in TFP across countries.
Published:
- Caselli, Francesco, and Daniel J. Wilson. "Importing Technology," Journal of Monetary Economics 51(1): 1-32, January 2004
,
- Caselli, Francesco, and Daniel J. Wilson. "Importing Technology," Proceedings, Federal Reserve Bank of San Francisco, November 15, 2002
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