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Author Question: What is meant by the term technological spillover? What will be an ideal ... (Read 28 times)

FButt

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on: Jun 30, 2018
What is meant by the term technological spillover?
 
  What will be an ideal response?

Question 2

A positive aspect of migration out of developing countries is
 
  a. reduced population growth
  b. remittances to developing countries
  c. increased agricultural productivity
  d. increased foreign aid
  e. all of the above


Jody Vaughn

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Technological spillovers are present when investment generates external economies. The knowledge component of the firm's capital stock is like a public good that spills over to other firms in the economy.

Answer to Question 2

B


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