The 'appropriate technology' explanation of productivity growth differentials: An empirical approach

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This paper aims at giving empirical content to the Basu and Weil (1998) [Basu, S., Weil, D.N., 1998. Appropriate technology and growth. Quarterly Journal of Economics 113, 1025-1054] theory of growth, in which localized innovation, assimilation of spillovers and differences in speeds of capital intensification yield diverse patterns of international convergence and divergence. The contributions of these sources to labor productivity growth are quantified for a sample of countries, using data envelopment analysis techniques. Regression analysis shows that the observed patterns were mainly driven by processes of creating spillover potential through capital intensification. Assimilation appears to be much slower than assumed in Basu and Weil's model. (c) 2005 Elsevier B.V. All rights reserved.

Originele taal-2English
Pagina's (van-tot)517-531
Aantal pagina's15
TijdschriftJournal of Development Economics
Volume77
Nummer van het tijdschrift2
DOI's
StatusPublished - aug-2005
Evenement16th Annual Congress of the European-Economic-Association - , Switzerland
Duur: 30-aug-20011-sep-2001

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