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Importing technology

Author

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  • Francesco Caselli
  • Daniel J. Wilson

Abstract

We look at disaggregated imports of various types of equipment to make inferences on cross-country differences in the composition of equipment investment. We make three contributions. First, we document large differences in investment composition. Second, we explain these differences as being based on each equipment type's intrinsic efficiency, as well as on its degree of complementarity with other factors whose abundance differs across countries. Third, we examine the implications of investment composition for development accounting, i.e., explaining the cross-country variation in income per capita.

Suggested Citation

  • Francesco Caselli & Daniel J. Wilson, 2002. "Importing technology," Proceedings, Federal Reserve Bank of San Francisco, issue nov.
    • Handle: RePEc:fip:fedfpr:y:2002:i:nov:x:7
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    Cited by:

    1. Gancia, Gino & Bonfiglioli, Alessandra, 2008. "North-South trade and directed technical change," Journal of International Economics, Elsevier, vol. 76(2), pages 276-295, December.
    2. Thomas Strobel, 2012. "ICT Intermediates, Growth and Productivity Spillovers Evidence from Comparison of Growth Effects in German and US Manufacturing Sectors," ifo Working Paper Series 123, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Gino Gancia & Andreas Müller & Fabrizio Zilibotti, 2010. "Structural development accounting," Economics Working Papers 1249, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2011.
    4. Miklos Koren & Marton Csillag, 2011. "Machines and machinists: Capital-Skill Complementarity from an International Trade Perspective," CERS-IE WORKING PAPERS 1114, Institute of Economics, Centre for Economic and Regional Studies.
    5. Caselli, Francesco, 2005. "Accounting for cross-country income differences," LSE Research Online Documents on Economics 3567, London School of Economics and Political Science, LSE Library.
    6. Silvia Dal Bianco, 2010. "Going Clubbing in the Eighties: Convergence in Manufacturing Sectors at a Glance," Quaderni di Dipartimento 135, University of Pavia, Department of Economics and Quantitative Methods.
    7. Sampson, Thomas, 2016. "Assignment reversals: Trade, skill allocation and wage inequality," Journal of Economic Theory, Elsevier, vol. 163(C), pages 365-409.
    8. Damilola Felix Arawomo, 2014. "Manufacturing Exports and Import of Capital Goods Nexus: the Nigeria's Case," Economics Bulletin, AccessEcon, vol. 34(3), pages 1522-1529.
    9. Federico Barbiellini Amidei & John Cantwell & Anna Spadavecchia, 2011. "Innovation and Foreign Technology in Italy, 1861-2011," Quaderni di storia economica (Economic History Working Papers) 07, Bank of Italy, Economic Research and International Relations Area.

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