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The Efficient Diffusion of Steel Technology Across Nations

Published online by Cambridge University Press:  28 November 2008

David G. Tarr
David G. Tarr
Affiliation:
Federal Trade Commission, Washington, DC
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Abstract

This paper attempts to explain what influenced efficient decisions in the adoption of important technology in the steel industry. An index of efficient decisions for the adoption of the basic oxygen furnace and for continuous casting is discussed theoretically and then empirically developed for the steel industries of 28 and 27 countries respectively. Statistical tests are performed to determine the influence of government ownership of the steel industries, central planning of the economies and involvement in international competition on efficient decisions regarding technology adoption. The tests reveal that both government ownership and central planning retarded efficient decisions regarding the adoption of technology.

Type
Articles
Information
Journal of Public Policy , Volume 5 , Issue 4 , October 1985 , pp. 541 - 560
Copyright
Copyright © Cambridge University Press 1985

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References

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