Hidden Bibliographic Details
Other authors / contributors: | Zanforlin, L.
International Monetary Fund. African Department.
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ISBN: | 1451900058 9781451900057 1462340822 9781462340828 1452772428 9781452772424 1282107836 9781282107830 9786613801180 6613801186
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Notes: | Includes bibliographical references (pages 17-20). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Annotation Evidence from historical and epidemiological literatures show that epidemics tend to spread in the population according to a logistic pattern. We conjecture that the impact of new technologies on output follows a pattern of spread not unlike that of typical epidemics. After reaching a critical mass, rates of growth will accelerate until the marginal benefits of technology are fully utilized. We estimate spline functions using a GMM dynamic panel methodology for 79 countries. We use imports of machinery and equipment as a fraction of gross domestic product as a proxy for the process of technological adoption. Results confirm our hypothesis.
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Other form: | Print version: Chong, Alberto. Technology and epidemics. [Washington, D.C.] : International Monetary Fund, African Department, ©1999
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Standard no.: | 10.5089/9781451900057.001
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