Does productivity growth fall after the adoption of new technology

作者: Mark Huggett , Sandra Ospina

DOI: 10.1016/S0304-3932(01)00065-4

关键词: Theoretical modelsIndustrial organizationTotal factor productivity growthEconomic growthManufacturing sectorEconomics

摘要: Abstract A number of theoretical models technology adoption have been proposed that imply measured productivity growth may initially fall and then later rise after the a new technology. This paper investigates whether or not this implication is feature plant-level data from Colombian manufacturing sector. We focus on embodied in equipment. find evidence effect large equipment purchase to reduce total factor growth.

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