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An Exploration of Technology Diffusion

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NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12314
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We develop and estimate a model where technology diffusion depends on the level of productivity embodied in capital and where this is, in turn, determined by two key mechanisms: the rate at which the quality embodied in new technology vintages increases (embodiment) and the gains from varieties
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2006-06-01
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