Why Are Developing Countries So Slow in Adopting New Technologies? The Aggregate and Complementary Impact of Micro Distortions

Why Are Developing Countries So Slow in Adopting New Technologies? The Aggregate and Complementary Impact of Micro Distortions

This paper explores how developmental and regulatory impediments to resource reallocation limit the ability of developing countries to adopt new technologies. An efficient economy innovates quickly; but when the economy is unable to redeploy resour...

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Bibliographic Details
Main Authors: Bergoeing, Raphael, Loayza, Norman V., Piguillem, Facundo
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ABSTRACTS
ADVANCED TECHNOLOGY
ALLOCATION
ASSET PRICES
AUTOMOBILES
AVERAGE PRODUCTIVITY
BANKRUPTCY
BARRIER
BASIC
BENCHMARK
BUREAUCRACY
BUSINESS ACTIVITIES
BUSINESS CYCLE
BUSINESS CYCLES
BUSINESS ENTRY
BUSINESS INDICATORS
BUSINESS REGULATION
CAPITAL ACCUMULATION
CAPITAL STOCK
COMPONENTS
CONSTANT RETURNS TO SCALE
CONSUMERS
COST OF CAPITAL
COUNTRY RISK
COUNTRY TO COUNTRY
COVARIANCE MATRIX
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPMENT ECONOMICS
DIVIDEND
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORMS
EQUILIBRIUM
FEDERAL RESERVE
FEDERAL RESERVE BANK
FINANCIAL SUPPORT
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM ANALYSIS
GOVERNMENT BUDGET
GROWTH RATE
GROWTH RATES
HUMAN CAPITAL
INCOME
INCOME LEVELS
INCOMES
INCUMBENT
INDEXES
INDUSTRIAL COUNTRIES
INFORMATION REVOLUTION
INFORMATION TECHNOLOGIES
INFORMATION TECHNOLOGY
INNOVATION
INTEREST RATES
INTERNATIONAL COMPARISONS
INTERNATIONAL TRADE
ITC
JOB CREATION
JUDICIAL SYSTEM
LABOR MARKET
LEGAL SYSTEM
LESS DEVELOPED COUNTRIES
LOTTERIES
MACROECONOMICS
MANUFACTURING
MARGINAL PRODUCTIVITY
MARGINAL UTILITY
MARKET REGULATIONS
MONOPOLY
NET CAPITAL
NETWORKS
NEW TECHNOLOGIES
NEW TECHNOLOGY
OUTPUT GAP
OUTPUT GAPS
OUTPUT PER CAPITA
OUTPUT RATIOS
PC
PERSONAL COMPUTERS
POLITICAL ECONOMY
POLITICAL SYSTEM
POTENTIAL OUTPUT
PRICE CONTROLS
PRODUCT MARKETS
PRODUCTION FUNCTION
PRODUCTION GOODS
PRODUCTION INPUTS
PRODUCTION PROCESS
PRODUCTIVITIES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFIT MAXIMIZATION
RANDOM WALK
RATE OF GROWTH
REAL INTEREST RATE
RED TAPE
REGRESSION ANALYSIS
REGULATORY IMPEDIMENTS
REGULATORY RESTRICTIONS
REPUBLIC
RESULT
RESULTS
SIMULATION
STARTUPS
TAX
TECHNOLOGICAL ADVANCES
TECHNOLOGICAL INNOVATION
TECHNOLOGICAL INNOVATIONS
TELECOMMUNICATIONS
THIRD WORLD
TOTAL FACTOR PRODUCTIVITY
TRANSMISSION
TRANSPARENCY
TURNOVER
UNEMPLOYMENT
USERS
USES
UTILITY FUNCTION
UTILITY FUNCTIONS
VOLATILITY
WAGES
WEB
WORLD DEVELOPMENT INDICATORS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100803112829
http://hdl.handle.net/10986/3877

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100803112829
http://hdl.handle.net/10986/3877

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