Beyond Neutrality - Measuring and Explaining Differences Caselli Francesco
Beyond Neutrality - Measuring and Explaining Differences Caselli Francesco Technology Differences over Space and Time looks at how countries use their productive resources--such as workers, skills,…
Specifikacia Beyond Neutrality - Measuring and Explaining Differences Caselli Francesco
Beyond Neutrality - Measuring and Explaining Differences Caselli Francesco
Technology Differences over Space and Time looks at how countries use their productive resources--such as workers, skills, equipment and structures, and natural resources. They also are relatively more efficient users of labor than of capital. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time.Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources.
Technical change also favors experienced workers.In order to interpret and understand these findings, Caselli presents a theory of technology choice. In this Technological change tends to make countries particularly efficient at using skills and less efficient at using capital.