Explain the international technological diffusion

Assignment Help International Economics
Reference no: EM131484979

Question: Some earlier development economists, like Alexander Gerschenkron, thought "latedevelopers" would have an advantage compared to early developers in increasing their levels of per capita income since they would be able to use the most advanced technology without having to re-invent such knowledge themselves.

a. Under what conditions would such an optimistic perspective on "international technological diffusion" have validity for a late-developing economy?

b. What role does government policy play in creating these conditions and in augmenting an economy's initial endowments that might make technological acquisition and its use more productive for an economy?

Reference no: EM131484979

Questions Cloud

Why does not the same manifestation of technology : What does it mean to say there is not technology but only "national technologies?" Why doesn't the same manifestation of technology, say a computer?
What is the national technologies : If there were not "national technologies" specific to each country, but rather an international supply of technology available freely and equally.
Exolain describe each of health care organizations selected : Describe each of the health care organizations selected. Explain how to develop improvement capability for organizational performance.
How could the product and process be altered to communicate : How could the product and process be altered to communicate the new focus on safety? What did the company do well and what could it have done better
Explain the international technological diffusion : Some earlier development economists, like Alexander Gerschenkron, thought "latedevelopers" would have an advantage compared to early developers in increasing.
Why must the cells of our body reproduce : 1. Why must the cells of our body reproduce? 2. What type of cells don't reproduce?
How are patients prepared for nuclear medicine procedures : What type of radiation is typically exploited in most nuclear medicine procedures?How are patients prepared for nuclear medicine procedures?
Control of feeding by the hypothalamus : 1. Briefly explain the control of feeding by the hypothalamus. 2. Compare and contrast the functions of estrogen, testosterone and oxytocin in reproductive.
Explain the accounting profits : Explain how the accounting profits (or losses) of an unsubsidized public enterprise, the output of which creates positive externalities for other firms.

Reviews

Write a Review

International Economics Questions & Answers

  What are the market price and quantity in germany

Suppose that Norway (country 1) and Russia (country 2) are the only two natural gas exporters to Germany. The inverse demand curve is P= 100-Q, where P is price and Q is the total quantity in the market. Costs are C1=Q12 and C2=10*Q2, where C1 and..

  In the us consumed less than how many pounds of coffee

In 2008, the per capita consumption of coffee in the United States was reported to be 4.2 kg, or 9.24 pounds. Assume that the per capita consumption of coffee in the United States is approxi- mately distributed as a normal random variable

  Asymmetric information exchange

In the value process, the estimation of the has historically been somewhat neglected in relation to the other steps in the process.

  Calculate the us dollar rate of return

The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an  Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at  $0.0005.

  An argument against additional disclosure is that financial

An argument against additional disclosure is that financial analysts aggressively seek this information, which is then sold to their customers, resulting in an adequate market solution to the problem of providing timely and relevant information on se..

  Explain what economic situation has now resulted

In part s of Asia, there are rivers that flow across the borders of more than one country. If the country located upstream on the river chooses to put up a large dam on the river which stops the flow of water to all countries located downstream,

  Convince the reader that you have read the piece carefully

Communicate to the reader the main points the author is making - Explain clearly the link between the argument the author makes and the evidence they use to support their argument

  Why us will have zero population in the 21st century

Many demographers predict that the United States will have zero population in the 21st century in contrast to average population growth of about 1 percent per year in the 20th century. Use the Solow model to forecast the effect of this lowdown.

  Floating exchange rates

Suppose that economic growth is slower in the U.S. than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for US with respect to exports and the value of the dollar?

  Draw separately the production possibilities schedules

Draw separately the production possibilities schedules for Zambia and Zimbabwe; locate aluminum on the horizontal axis and steel on the vertical axis of each country's graph.

  Describe the main criteria used to classify economies

Describe the main criteria used to classify economies. Define business strategy, corporate strategy, and international strategy. Identify the three dimensions of corporate strategy and explain how they differ.

  Calculate the real effective exchange values of the dollar

Calculate the real effective exchange values of the dollar. Do the values you calculated indicate an appreciation or depreciation of the U.S. dollar? What is the rate of appreciation or depieciation?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd