Weightless Machines and Costless Knowledge
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Weightless Machines and Costless Knowledge An Empirical Analysis of Trade and Technology Diffusion

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Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also imbedded in technology. If, becaue of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap?

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