High technology and international competitiveness
Author(s)
Bibliographic Information
High technology and international competitiveness
（Praeger studies in American industry）
Praeger, 1991
Available at / 30 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes bibliographical references (p. [247]-260) and indexes
Errata slip Inserted
Description and Table of Contents
Description
Following World War II, the U.S. manufacturing sector emerged as the dominant industrial force in the world in virtually all areas, including productivity, market share, innovations, and capital investments. Though other countries have caught up with and surpassed the United States in many industries, Romesh Diwan and Chandana Chakraborty argue that America can recapture its dominant role by moving forcefully into high-technology industries. In this work, they examine competitiveness in a range of high-technology enterprises, analyzing the industries as an aggregate as well as through three specific examples: semi-conductors, telecommunications, and computers.
The authors provide a complete understanding of the technical changes and developments that are taking place in U.S. high technology, and offer guidance to policy makers in promoting competitive strength. Their work defines and quantifies the high-tech industrial sector of the U.S, economy, and analyzes the productivity of this sector by utilizing a translog cost function, which provides information about the structure of the input-output relations in a particular industry. Using these functions, Diwan and Chakraborty answer quantitatively a number of questions relating to the growth of various inputs, productivities, and outputs, which lead to conclusions regarding the structure of production, costs, and capacity in U.S. industry. Their conclusions--that technical change is biased in the main in favor of capital and material, and that capital and skilled labor are complements--are consistent with new ideas and theories in the field. This work will be a valuable reference source for professional economists and policy experts, as well as for scholars and students in international trade, finance, and development.
Table of Contents
Foreword Preface Introduction International Competitiveness and U.S. Manufacturing Productivity Concepts and Measures The Translog Function Toward a Theoretical Model Data Description and Historical Trends Structure of Production and Techological Change Capital-Labor Complementarity in High Technology Promoting Technical Change Conclusions Appendices Indexes
by "Nielsen BookData"
