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Optimal Technology and Development

Author

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  • Hernan Moscoso Boedo

    (University of Virginia)

Abstract

By modeling the decisions for factor accumulation and technology adoption, this paper gives a systematic explanation as to why we see ever more skill intensive technologies being adopted both over time in the US and across countries. The model developed here endogenously generates predictions for the skill premium that are consistent with both the US and international observations under the same set of parameter values.

Suggested Citation

  • Hernan Moscoso Boedo, 2007. "Optimal Technology and Development," 2007 Meeting Papers 144, Society for Economic Dynamics.
    • Handle: RePEc:red:sed007:144
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    Cited by:

    1. Neyapti, Bilin, 2013. "Modeling institutional evolution," Economic Systems, Elsevier, vol. 37(1), pages 1-16.
    2. Florian Brugger & Christian Gehrke, 2017. "Skilling and Deskilling Technological Change in Classical Economic Theory and Its Empirical Evidence," Working Paper Series, Social and Economic Sciences 2017-02, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
    3. Hernan J. Moscoso Boedo, 2006. "Former Communist Countries and their transition to Capitalism," Virginia Economics Online Papers 372, University of Virginia, Department of Economics.
    4. Moscoso Boedo, Hernan, 2018. "Aggregate implications of the tax reform of 2017: Can taxes guide technology?," Economics Letters, Elsevier, vol. 173(C), pages 6-9.

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    More about this item

    JEL classification:

    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • N32 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: 1913-
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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