This paper investigates the propensity of developing countries to purchase imported machinery rather than indigenously produced machinery at a lower price, based on the purchase of looms for textile weaving in South Korea. The results confirm that it is the differences in prices paid and received as well as the varieties made by the different producers that lead to the choice of different technologies. The factors that influence choice of machinery...
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INFORMATION
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1976/09/01
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Document de travail départemental
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DRD19
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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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A micro, econometric investigation of the impact of industrial policy on technology choice
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real rate of interest