We present a model of growth and technology transfer based on the idea that technologies are specific to particular combinations of inputs. We argue that this model is more realistic that the usual specification in which an improvement in any technique for producing a given good improves all other techniques for producing that good.
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Paper provided by Brown University, Department of Economics in its series Working Papers with number
96-24.
Find related papers by JEL classification: O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity O3 - Economic Development, Technological Change, and Growth - - Technological Change C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
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