Weightless Machines and Costless Knowledge
Weightless Machines and Costless KnowledgeGiorgio Barba Navaretti
Sign up to use
Weightless Machines and Costless Knowledge

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

Sign up to use
Sign up to use
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?