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Localized technological change

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  • Kristiaan Kerstens

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Jens Krüger
  • Zhiyang Shen

Abstract

We trace back the origin of the notion of localized technological change to Atkinson and Stiglitz (1969) and Stiglitz (1987). Then, we succinctly sketch the economic theory and implications of such a notion of localized technological change in detail through the work of Acemoglu, Antonelli, and others. Finally, we provide attention to the small rather recent literature that has provided an operational definition of this notion of localized technological change and its implications using nonparametric production frontier estimations rooted in activity analysis. We summarize this small empirical literature and sketch some avenues for future work.
(This abstract was borrowed from another version of this item.)

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  • Kristiaan Kerstens & Jens Krüger & Zhiyang Shen, 2022. "Localized technological change," Post-Print halshs-03925232, HAL.
    • Handle: RePEc:hal:journl:halshs-03925232
    DOI: 10.4337/9781839106996.00046
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03925232
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