Abstract

https://ssrn.com/abstract=2424079
 


 



Localized and Biased Technologies: Atrkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change


Daron Acemoglu


Massachusetts Institute of Technology (MIT) - Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

March 18, 2014

MIT Department of Economics Working Paper No. 14-13

Abstract:     
This paper 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.

Number of Pages in PDF File: 24

Keywords: Biased technological change, directed technological change, localized technological change, innovation, skill-biased technological change, technology

JEL Classification: E25, J31, O30, O31, O33


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Date posted: April 13, 2014  

Suggested Citation

Acemoglu, Daron, Localized and Biased Technologies: Atrkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change (March 18, 2014). MIT Department of Economics Working Paper No. 14-13. Available at SSRN: https://ssrn.com/abstract=2424079 or http://dx.doi.org/10.2139/ssrn.2424079

Contact Information

Daron Acemoglu (Contact Author)
Massachusetts Institute of Technology (MIT) - Department of Economics ( email )
50 Memorial Drive
Room E52-380b
Cambridge, MA 02142
United States
617-253-1927 (Phone)
617-253-1330 (Fax)
Centre for Economic Policy Research (CEPR)
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London, EC1V 3PZ
United Kingdom
National Bureau of Economic Research (NBER)
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Cambridge, MA 02138
United States
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