A number of theoretical models of technology adoption have been proposed that emphasize technological switching, loss of expertise and subsequent technology-specific learning. These models imply that measured productivity may initially fall and then later rise after the adoption of a new technology. This paper investigates whether or not this implication is a feature of plant-level data from the Colombian manufacturing sector. We regress measures of productivity growth at the plant level on a plant-specific measure of technology adoption and its lagged values. We find that...
- D24 - Production and organizations - Production ; Cost ; Capital and total factor productivity ; Capacity
- O14 - Economic development - Industrialization ; Manufacturing and service industries ; Choice of technology
- L60 - Industry Studies: Manufacturing: General
- O33 - Technological change ; Research and development - Technological change : Choices and consequences ; Diffusion processes
- Federal Reserve Bank of Minneapolis. Research Department.
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