search query: @author Chong, A. / total: 5
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| Author: | Chong, A. Zanforlin, L. |
| Title: | Technology and epidemics |
| Journal: | IMF Staff papers
2002 : VOL. 49:3, p. 426-455 |
| Index terms: | Health economics Disease Technology |
| Language: | eng |
| Abstract: | Evidence from historical and epidemiological literatures shows that epidemics tend to spread in the population according to a logistic pattern. The authors 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. The authors estimate spline functions using a GMM dynamic panel methodology for 79 countries. They use imports of machinery and equipment as a fraction of gross domestic product as a proxy for the process of technological adoption. |
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