Weightless Machines and Costless Knowledge: An Empirical Analysis of Trade and Technology Diffusion
Giorgio Barba Navaretti · Isidro Soloaga
Jan 2002 · Centre for Economic Policy Research London: Discussion paper series Book 1 · World Bank Publications
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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?
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 st...
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