Many technologies used by the LDCs (less developed countries) are developed in the OECD economies, and as such, are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the...

Even in industrial countries, the impact of information technology has not been as deep or pervasive as the debate about the benefits of the global information society sometimes makes it appear. The literature review on the US experience shows that there is neither a 'productivity paradox' nor a...

Much of the vast literature on changes in income distribution in advanced countries during the last two decades attributes these either to globalization, or to skill-biased technology, or to a combination of the two. A transatlantic concensus has emerged to suggest that thes two factors have led...

Can the increasing signicance of knowledge-products in national income- the growing weightless economy-infuence economic development? Those technologies reduce "distance" between consumers and knowledge production This paper analyzes a model embodying such a reduction. The model shows how...

Several recent papers in the American Economic Review examined important questions regarding productivity growth and its sources in industrialized countries. We examine two sets of issues raised by these papers, and reassess what can be learned about productivity, efficiency, and technology from...

The present paper develops a mechanism of technological transformation essentially built on two premises, namely, that most technologies needed for today's poor economies to get out of backwardness are already available in advanced industrialized economies, and that there is a circularity...

The study reported here uses a survey technique to explore corporate Internet use in developing countries. A major conclusion is that such use is extensive, considering deficiencies in telephone networks in many countries and the relative newness of the technology. Most companies surveyed here...

Recent research has shown that there appears to be real opportunities for less developed countries to obtain high yields to their investments in technoogy licensing agreements. Using a unique data set on all foreign technology licensing agreements entered into by India's largest 485 private...

Innovative activity is highly concentrated in a handful of advanced countries. These same countries are also the major exporters of capital goods to the rest of the world. We develop a model of trsde in capital goods to assess its role spreading the benefits of technological advances.