The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Barriers to Technology Adoption and Development
Abstract
We propose a theory of economic development in which technology adoption and barriers to such adoptions are the focus. The size of these barriers differs across countries and time. The larger these barriers, the greater the investment a firm must make to adopt a more advanced technology. The model is calibrated to the U.S. balanced growth observations and the postwar Japanese development miracle. For this calibrated structure we find that the disparity in technology adoption barriers needed to account for the huge observed income disparity across countries is not implausibly large.
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Cites
A contribution to the theory of economic growth
Solow, R. M. (1956) · The Quarterly Journal of Economics · doi:10.2307/1884513 · Cited by 24,483
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
On the Size Distribution of Business Firms
Lucas, R. E. (1978) · The Bell Journal of Economics · doi:10.2307/3003596 · Cited by 3,236
Cited by
The expected contribution of Industry 4.0 technologies for industrial performance
Dalenogare, L. S., Benitez, G. B., Ayala, N. F., & Frank, A. G. (2018) · International Journal of Production Economics · doi:10.1016/j.ijpe.2018.08.019 · Cited by 2,201
Transition Modeling and Econometric Convergence Tests
Phillips, P. C. B., & Sul, D. (2007) · Econometrica · doi:10.1111/j.1468-0262.2007.00811.x · Cited by 1,451
Microeconomics of technology adoption
Foster, A. D., & Rosenzweig, M. R. (2010) · Annual Review of Economics · doi:10.1146/annurev.economics.102308.124433 · Cited by 1,055
The Effect of Financial Development on Convergence: Theory and Evidence*
Aghion, P., Howitt, P., & Mayer-Foulkes, D. (2005) · Quarterly Journal of Economics · doi:10.1162/qjec.2005.120.1.173 · Cited by 962
Atje, R., & Jovanovic, B. (1993) · European Economic Review · doi:10.1016/0014-2921(93)90053-d · Cited by 849
Metadata
- Authors
- Parente, S. L., & Prescott, E. C.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1994-04
- Volume
- 102
- Issue
- 2
- Pages
- 298-321
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W1977394168
- Cited by
- 1,182
- References
- 4
- FWCI
- 39.99
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.