TY  - JOUR
AU  - Caselli,Francesco
AU  - Wilson,Daniel
TI  - Importing Technology
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9928
PY  - 2003
Y2  - August 2003
UR  - http://www.nber.org/papers/w9928
L1  - http://www.nber.org/papers/w9928.pdf
N1  - Author contact info:
Francesco Caselli
Department of Economics
London School of Economics
Houghton Street
London WC2A 2AE
UNITED KINGDOM
Tel: (44) (0) 2079557498
E-Mail: f.caselli@lse.ac.uk

Daniel Wilson
Federal Reserve Bank of San Francisco
101 Market St.
Mail Stop 1130
San Francisco, CA  94105-1530
Tel: 415-974-3423
Fax: 415-974-2168
E-Mail: Daniel.Wilson@sf.frb.org
AB  - 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.
ER  -