NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Localized and Biased Technologies: Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change

Daron Acemoglu

NBER Working Paper No. 20060
Issued in April 2014

---- Acknowledgments ----

I am grateful to Anthony Atkinson and Andrea Galeotti for useful suggestions. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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