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Natural and Reproducible Capital

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines possible factor biases in the way different countries use reproducible and natural capital, using an equation that also takes into account the bundle of capital goods which, ... More


Capital and Labor

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the efficiency with which the aggregate labor input and, respectively, the aggregate capital input are used in production. To this end, it uses an equation that takes into ... More


Conclusions

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter concludes that the book has presented evidence showing that technology and technical change are more flexible than generally allowed. The efficiency of different factors changes across ... More


Introduction and Preliminaries

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This book examines how the mode of production, or production technology, varies systematically across countries, depending on their endowments of different factors of production. Using aggregate ... More


An Endogenous Technology Framework

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter presents an endogenous technology framework capable of rationalizing the finding that technology differences are biased toward skilled labor, reproducible capital, and labor. In this ... More


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