Localised and Biased Technologies: Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Name
Acemoglu-2015-The_Economic_Journal.pdf
Size
835.4 KB
Format
Adobe PDF
Checksum (MD5)
c576a206daca125138d7ba77670498c1
Author(s)
Acemoglu, K. Daron
Date Issued
March 2015
Journal
The Economic Journal
Publisher
Wiley Blackwell
Citation
Acemoglu, Daron. “Localised and Biased Technologies: Atkinson and Stiglitz’s New View, Induced Innovations, and Directed Technological Change.” The Economic Journal 125, no. 583 (March 2015): 443–463.
Version
Final published version
Abstract
This study revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three complementary but different approaches are useful in the study of a range of current research areas – though they may also yield different answers to important questions. It concludes by highlighting several important areas where these ideas can be fruitfully applied in future work.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Creative Commons Attribution-NonCommercial 4.0 International
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1111/ECOJ.12227
