Corpus ID: 3874117

Technology Adoption and Growth Dynamics

@inproceedings{Comin2014TechnologyAA,
  title={Technology Adoption and Growth Dynamics},
  author={Diego Comin},
  year={2014}
}
We study the lags with which new technologies are adopted across countries, and their penetration rates once they are adopted. Using data from the last two centuries, we estimate both the extensive and the intensive margins of technology adoption. We document two new facts: there has been convergence in adoption lags between rich and poor countries, while there has been divergence in penetration rates. Using a model of adoption and growth, we show that these changes in the pattern of technology… Expand
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