Willis Carrier invented modern air conditioning around 1904 but technological innovations often take a long time to travel to less developed regions of the world.

The post Technology Transfer and Development Economics appeared first on Marginal REVOLUTION.
You Might Also Like
Greg Mankiw’s Blog: Economic Theory Summer Camp
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University....
Saturday assorted links
1. Notes on Oman. 2. Colin McGinn on best philosopher ever. 3. Owner wants to give away Green Mountain Campus....
Germany projection of the day
Germany’s population is projected to shrink by nearly 5 per cent within 25 years — a significantly steeper decline than...
Minimum wage hikes and robots
This paper studies how minimum wage policy affects firms’ adoption of automation technologies. Using both state-level measures of robot exposure...






