Determinants of Technological Progress (Descriptive question, no math needed. A brief answer would suffice.) Consider tw
Posted: Sun May 29, 2022 7:41 pm
Determinants of Technological Progress (Descriptive question, no
math needed. A brief answer
would suffice.)
Consider two possible forms of technological progress: progress
that is embodied in the introduction of
new capital goods and progress that is disembodied and can
therefore be used to improve production
with existing capital goods. What are examples of each? What forces
might govern the adoption or
diffusion of each?
math needed. A brief answer
would suffice.)
Consider two possible forms of technological progress: progress
that is embodied in the introduction of
new capital goods and progress that is disembodied and can
therefore be used to improve production
with existing capital goods. What are examples of each? What forces
might govern the adoption or
diffusion of each?