IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpla/0502002.html
   My bibliography  Save this paper

Zvi Griliches on Diffusion, Lags and Productivity Growth …Connecting the Dots

Author

Listed:
  • Paul David

    (Stanford University)

Abstract

The three most extensively cited papers by Zvi Griliches deal with the diffusion of innovations, distributed lags and the sources of the growth of measured total factor productivity, respectively. The close economic connections between these dynamic phenomena remained largely unexplored and were at best only implicit in his published writings until late in his career. Yet, from his later reflective writings, it is clear that Griliches not only recognized the existence of those connections, but regarded them to be critically important in understanding the determinants of the pace of economic growth. The present paper proceeds in that spirit. It examines the relationship between Gliches’ pioneering study of the diffusion of hybrid corn and the subsequent development of economic theories explaining diffusion phenomenon. Rather than offering a comprehensive survey of the literature, its aim is to expose the connections with lagged investment in capital-embodied innovations, and formalize of the micro-to macro links between technological diffusion dynamics and the pace of measured productivity growth. The heterodox, “evolutionary economics” aspects of this approach to explaining technological ‘transitions’ may be thought to be a significant yet under-appreciated part of Griliches’ intellectual legacy.

Suggested Citation

  • Paul David, 2005. "Zvi Griliches on Diffusion, Lags and Productivity Growth …Connecting the Dots," Labor and Demography 0502002, EconWPA.
  • Handle: RePEc:wpa:wuwpla:0502002
    Note: Type of Document - pdf; pages: 51
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/lab/papers/0502/0502002.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. David, Paul A. & Olsen, Trond E., 1984. "Anticipated Automation: A Rational Expectations Model of Technological Diffusion," CEPR Publications 244424, Stanford University, Center for Economic Policy Research.
    2. Zvi Griliches, 1998. "Productivity, R&D, and the Data Constraint," NBER Chapters,in: R&D and Productivity: The Econometric Evidence, pages 347-374 National Bureau of Economic Research, Inc.
    3. David, P.A., 1989. "Computer And Dynamo: The Modern Productivity Paradox In A Not-Too Distant Mirror," The Warwick Economics Research Paper Series (TWERPS) 339, University of Warwick, Department of Economics.
    4. Ireland, N.J. & Stoneman, P, 1984. "Innovation and Diffusion - The Implications of an Integrated Approach," The Warwick Economics Research Paper Series (TWERPS) 254, University of Warwick, Department of Economics.
    5. Ireland, N & Stoneman, P, 1986. "Technological Diffusion, Expectations and Welfare," Oxford Economic Papers, Oxford University Press, vol. 38(2), pages 283-304, July.
    6. Stoneman, Paul L & David, Paul A, 1986. "Adoption Subsidies vs Information Provision as Instruments of Technology Policy," Economic Journal, Royal Economic Society, vol. 96(380a), pages 142-150, Supplemen.
    7. Kenneth J. Arrow, 1962. "The Economic Implications of Learning by Doing," Review of Economic Studies, Oxford University Press, vol. 29(3), pages 155-173.
    8. Alan B. Krueger & Timothy Taylor, 2000. "An Interview with Zvi Griliches," Journal of Economic Perspectives, American Economic Association, vol. 14(2), pages 171-189, Spring.
    9. David, Paul A. & Olsen, Trond E., 1992. "Technology adoption, learning spillovers, and the optimal duration of patent-based monopolies," International Journal of Industrial Organization, Elsevier, vol. 10(4), pages 517-543, December.
    10. Rosenberg, Nathan, 1972. "Factors affecting the diffusion of technology," Explorations in Economic History, Elsevier, vol. 10(1), pages 3-33.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bronwyn H. Hall, 2004. "Innovation and Diffusion," NBER Working Papers 10212, National Bureau of Economic Research, Inc.
    2. Tavneet Suri, 2006. "Selection and Comparative Advantage in Technology Adoption," Working Papers 944, Economic Growth Center, Yale University.
    3. Richard C. Sutch, 2008. "Henry Agard Wallace, the Iowa Corn Yield Tests, and the Adoption of Hybrid Corn," NBER Working Papers 14141, National Bureau of Economic Research, Inc.

    More about this item

    JEL classification:

    • J - Labor and Demographic Economics

    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:wpa:wuwpla:0502002. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: http://econwpa.repec.org .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.