Technology usage lags

Diego Comin, Bart Hobijn, Emilie Rovito

Research output: Contribution to journalArticle

25 Citations (Scopus)

Abstract

We present evidence on the differences in the intensity with which ten major technologies are used in 185 countries across the world. We do so by calculating how many years ago these technologies were used in the U.S. with the same intensity as they are used in the countries in our sample. We denote these time lags as technology usage lags and compare them with lags in real GDP per capita. We find that (i) technology usage lags are large, often comparable to lags in real GDP per capita, (ii) usage lags are highly correlated with lags in per-capita income, and (iii) usage lags are highly correlated across technologies. The productivity differentials between the state-of-the-art technologies that we consider and the ones they replace, combined with the usage lags that we document, lead us to infer that differences in the intensity of usage of technologies might account for a large part of cross-country TFP differentials.

Original languageEnglish (US)
Pages (from-to)237-256
Number of pages20
JournalJournal of Economic Growth
Volume13
Issue number4
DOIs
StatePublished - 2008
Externally publishedYes

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Lag
GDP per capita
Real GDP
Time lag
Per capita income
Productivity

Keywords

  • Cross-country studies
  • Technology adoption

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Technology usage lags. / Comin, Diego; Hobijn, Bart; Rovito, Emilie.

In: Journal of Economic Growth, Vol. 13, No. 4, 2008, p. 237-256.

Research output: Contribution to journalArticle

Comin, Diego ; Hobijn, Bart ; Rovito, Emilie. / Technology usage lags. In: Journal of Economic Growth. 2008 ; Vol. 13, No. 4. pp. 237-256.
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