Technological Change in Developing Countries, Efficiency, Productivity and the Economic Theory
23 Pages Posted: 24 Feb 2012 Last revised: 1 Mar 2012
Date Written: February 23, 2012
The current paper reviews the impacts and effects of technical transfer and change on the economic patterns of developing countries. It has been postulated that production factors, labor and capital have the greatest effects on economic and development patterns. However, technical change emerges as of prime effects on that issue. Hereby, we review theories of development here stressing impacts of technical changes on development countries as embodied and disembodied paradigms. Assessment of production and correlations with technical changes are measured by Total Factor Productivity as an expression of Technical Change presuming constant efficiency. That is one viable trend. The other is combining both Technical Change and Technical Efficiency to assess Total Factor Productivity.
Note: Downloadable document is in Arabic.
Keywords: Economic Development, Technological Change, Technical Efficiency, Labor Productivity, Capital Inputs, Total Inputs, Total Outputs, Productive Gain
JEL Classification: A00, A10, A11, A12, D2, D20, D21, D22, D23, D24, D29, J23, J24, O4, O40, O41, O42, O47, O49
Suggested Citation: Suggested Citation