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An Exploration of Technology Diffusion

Comin, Diego, Hobijn, Bart·2010·American Economic Review

Abstract

We develop a model that, at the aggregate level, is similar to the one-sector neoclassical growth model; at the disaggregate level, it has implications for the path of observable measures of technology adoption. We estimate it using data on the diffusion of 15 technologies in 166 countries over the last two centuries. Our results reveal that, on average, countries have adopted technologies 45 years after their invention. There is substantial variation across technologies and countries. Newer technologies have been adopted faster than old ones. The cross-country variation in the adoption of technologies accounts for at least 25 percent of per capita income differences. (JEL O33, O41, O47)

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Metadata

Authors
Comin, D., & Hobijn, B.
Venue
American Economic Review
Published
2010-12-01
Volume
100
Issue
5
Pages
2031-2059
ISSN
0002-8282 (ISSN-L)
OpenAlex
W3125206205
Cited by
651
References
2
FWCI
52.30
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: An Exploration of Technology Diffusion. https://app.cochat.ai/papers/10.1257/aer.100.5.2031
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Comin, D., & Hobijn, B. (2010). An Exploration of Technology Diffusion. American Economic Review. https://doi.org/10.1257/aer.100.5.2031

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