[ FreeCourseWeb ] Technology Differences Over Space and Time

[ FreeCourseWeb.com ] Technology Differences Over Space and Time

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ISBN: 0691146020 | 2016 | EPUB | 144 pages | 5 MB

Technology Differences over Space and Time looks at how countries use their productive resources―such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time.

Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources. They also are relatively more efficient users of labor than of capital. Technological change tends to make countries particularly efficient at using skills and less efficient at using capital. Technical change also favors experienced workers.

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