This paper asks whether new technological capacity for producing and exporting additional products provides incentives for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth. Using a highly disaggregated data set of each country's trade flows into the United States, the author constructs a direct and independent measure of technological improvements for each country over time based...
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INFORMATION
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2006/02/01
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Document de travail de recherche sur les politiques
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WPS3846
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1
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1
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2010/07/01
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Disclosed
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New product technology, accumulation, and growth
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technological improvement
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