TY - JOUR
T1 - Technology diversity and development
T2 - Evidence from China's industrial enterprises
AU - Fisher-Vanden, Karen
AU - Jefferson, Gary H.
N1 - Funding Information:
We thank Su Jian for excellent research assistance. We also thank Xu Jianyi, Ma Jingkui, and Liu Fujiang for making the Dartmouth–Brandeis–NBS collaboration possible, and Eric Edmonds, Richard Garbaccio, Albert Hu, Adam Jaffe, Nina Pavcnik, David Popp and seminar participants at Boston University, Stanford University, Syracuse University, Rensselaer Polytechnic Institute, and the 2003 AERE/AEA conference for helpful comments. This research was supported by the Rockefeller Center at Dartmouth College, the U.S. Department of Energy's Biological and Environmental Research Program (contract #DE-FG02-00ER63030), and the National Science Foundation (project/grant #450823).
PY - 2008/12
Y1 - 2008/12
N2 - This paper investigates the phenomenon of individual firms simultaneously developing and adopting technical change with varying factor biases. Firms in a large panel of Chinese industrial enterprise data exhibit three channels of technical change, each associated with different patterns of firm-level factor bias and strategic purpose. The neo-classical growth process, associated with Harrod-neutral technical change, drives capital deepening. In-house R&D is found to be robustly labor- and material-using and capital- and energy-saving thereby capitalizing on China's comparative advantage. Finally, the purchase of imported technologies, which are comparatively capital-using, focuses on new product development. These diversified channels of technical change reveal a pattern of developing country technical change that is far more diversified than that suggested by the conventional growth literature. Journal of Comparative Economics 36 (4) (2008) 658-672.
AB - This paper investigates the phenomenon of individual firms simultaneously developing and adopting technical change with varying factor biases. Firms in a large panel of Chinese industrial enterprise data exhibit three channels of technical change, each associated with different patterns of firm-level factor bias and strategic purpose. The neo-classical growth process, associated with Harrod-neutral technical change, drives capital deepening. In-house R&D is found to be robustly labor- and material-using and capital- and energy-saving thereby capitalizing on China's comparative advantage. Finally, the purchase of imported technologies, which are comparatively capital-using, focuses on new product development. These diversified channels of technical change reveal a pattern of developing country technical change that is far more diversified than that suggested by the conventional growth literature. Journal of Comparative Economics 36 (4) (2008) 658-672.
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U2 - 10.1016/j.jce.2008.07.003
DO - 10.1016/j.jce.2008.07.003
M3 - Article
AN - SCOPUS:55149117744
VL - 36
SP - 658
EP - 672
JO - Journal of Comparative Economics
JF - Journal of Comparative Economics
SN - 0147-5967
IS - 4
ER -