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Interaction entre connaissance et technologie: une contribution à la théorie du développement.
Author(s) -
Kosempel Stephen
Publication year - 2007
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.1365-2966.2007.00450.x
Subject(s) - embodied cognition , investment (military) , economics , technological change , developing country , foreign direct investment , economic growth , macroeconomics , political science , computer science , artificial intelligence , politics , law
. This article attempts to explain the large and persistent disparities in levels of output per worker across countries. It is argued that an explanation for these disparities requires an understanding of the relationship between knowledge and technology. The model that is constructed can be summarized as an open‐economy version of the Solow‐Swan growth model, in which technological change is investment specific, and knowledge about new technologies is embodied in labour. In the model, income differences arise because poor countries lack the knowledge to implement foreign technologies productively. Furthermore, these disparities persist when countries differ in their ability to learn. JEL classification: F43, O11