IDEAS home Printed from https://ideas.repec.org/p/cae/caerpp/8.html
   My bibliography  Save this paper

Biased Technological Change and Poverty Traps

Author

Listed:
  • Fernando Perera Tallo

    (CAERP and Universidad de La Laguna)

Abstract

This paper presents a model in which technological change increases the share of reproducible factors at the expense of nonreproducible ones. When reproducible factors are abundant, firms have incentives to adopt technologies that are intensive in such resources, and this increases the incentives to invest more in them. This feedback process may generate growth or also stagnation: when reproducible factors are not abundant, firms do not have incentives to adopt technologies intensive in those resources and technological change does not take place. The paper also analyzes how biased technological change a.ects interpersonal distribution of income: nonreproducible factors are more equally distributed than reproducible ones, thus biased technological change increases inequality.

Suggested Citation

  • Fernando Perera Tallo, 2003. "Biased Technological Change and Poverty Traps," Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP) 8, Centro de Altisimos Estudios Rios Perez (CAERP).
  • Handle: RePEc:cae:caerpp:8
    as

    Download full text from publisher

    File URL: http://www.ssc.upenn.edu/~vr0j/caerp/WPapers/Biased.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cae:caerpp:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose-Victor Rios-Rull (email available below). General contact details of provider: https://edirc.repec.org/data/caerpes.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.