NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Equilibrium Technology Diffusion, Trade, and Growth

Jesse Perla, Christopher Tonetti, Michael E. Waugh

NBER Working Paper No. 20881
Issued in January 2015, Revised in May 2019

---- Acknowledgments ----

We have benefited from discussions with Treb Allen, Jess Benhabib, Paco Buera, Sebastian Di Tella, Dave Donaldson, Chad Jones, Boyan Jovanovic, Pete Klenow, Bob Lucas, Andrés Rodríguez-Clare, Tom Sargent, Laura Veldkamp, and Gianluca Violante. Excellent research assistance was provided by Chiyoung Ahn, Sev Hou, Arnav Sood, and Dongxiao Zhang. We thank seminar participants at many universities, conferences, and research centers for useful comments. Code associated with this paper can be publicly accessed on our GitHub site at https://github.com/jlperla/PerlaTonettiWaugh.jl. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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