Who benefits from technology spillovers
Chen and Dauchy find that the technology externality for firms in non-frontier countries is smaller than for firms in technology frontier countries. This finding suggests that international knowledge spillovers may have contributed to technology and income divergence.
International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries
Authors: Sophia Chen, Estelle Dauchy
From:IMF
How are then technology shocks transmitted across countries?
Levchenko and Pandalai-Nayar, using a sector-level data for 30 countries and up to 28 years years to provide a forensic account of the sources of international comovement, find that unlike non-technology shocks which are highly correlated across countries, technology shocks are virtually uncorrelated across countries.
Technology and Non-Technology Shocks: Measurement and Implications for International Comovement
Authors: Andrei A. Levchenko, Nitya Pandalai-Nayar
From: University of Michigan, Nitya Pandalai-Nayar
…on a lighter note
From smart phones, to computers to bitcoin, how have they changed learning, labor supply and quality of life.
Is Technology Hurting Productivity?
By: Jeffrey Frankel – Harvard University
