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Abstract

This paper develops a model of technological progress in the microprocessor industrythat connects the seemingly disparate engineering and economic measures of technologicalprogress. Technological progress in the microprocessor industry is driven by the repeatedadoption of higher quality vintages of capital equipment produced by the upstream semiconductorequipment industry. The model characterizes the optimal adoption decision of a microprocessorfirm and the resulting rate of technological progress. In conjunction with parametersestimated using a new dataset of the microprocessor industry, the model suggests explanationsfor the acceleration in technological progress during 1990-2000 and the subsequent slowdown.



Item Type: MPRA Paper -

Original Title: A model of technological progress in the microprocessor industry-

Language: English-

Keywords: Technology Adoption, Microprocessors-

Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and IncentivesL - Industrial Organization > L6 - Industry Studies: Manufacturing > L63 - Microelectronics ; Computers ; Communications Equipment-





Autor: Pillai, Unni

Fuente: https://mpra.ub.uni-muenchen.de/31881/







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