Education, technology adoption and productivity
Education, technology adoption and productivity
This paper explores the causes of economic disparities across countries in a vintage-capital model that endogenizes education and technology adoption decisions. The implications of differences in the costs of adopting new technologies and in the quality of schools for differences in income per capita and educational attainment are examined. If, as some evidence on human capital indicates, the main role of education consists of improving the ability to learn to operate new technologies, the analysis suggests that differences in the costs of adopting new technologies can be a primary source of cross-country disparities. On its part, differences in the quality of schools cannot be a fundamental cause of these disparities.
University of Southampton
Mateos-Planas, X.
ec4068d1-88f5-4e6f-97dd-637110462c32
January 1998
Mateos-Planas, X.
ec4068d1-88f5-4e6f-97dd-637110462c32
Mateos-Planas, X.
(1998)
Education, technology adoption and productivity
(Discussion Papers in Economics and Econometrics, 9817)
Southampton, UK.
University of Southampton
Record type:
Monograph
(Discussion Paper)
Abstract
This paper explores the causes of economic disparities across countries in a vintage-capital model that endogenizes education and technology adoption decisions. The implications of differences in the costs of adopting new technologies and in the quality of schools for differences in income per capita and educational attainment are examined. If, as some evidence on human capital indicates, the main role of education consists of improving the ability to learn to operate new technologies, the analysis suggests that differences in the costs of adopting new technologies can be a primary source of cross-country disparities. On its part, differences in the quality of schools cannot be a fundamental cause of these disparities.
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Published date: January 1998
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Local EPrints ID: 33169
URI: http://eprints.soton.ac.uk/id/eprint/33169
PURE UUID: 790a5c5c-085b-4c30-b048-4a47a720132b
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Date deposited: 25 Jan 2008
Last modified: 11 Dec 2021 15:19
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Author:
X. Mateos-Planas
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