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TALENT UTILIZATION AND SEARCH FOR THE APPROPRIATE TECHNOLOGY

Published online by Cambridge University Press:  03 May 2013

Tali Regev  and
Hosny Zoabi
Tali Regev*
Affiliation:
The Eitan Berglas School of Economics, Tel Aviv University
Hosny Zoabi
Affiliation:
The Eitan Berglas School of Economics, Tel Aviv University
*
Address correspondence to: Tali Regev, The Eitan Berglas School of Economics, Tel Aviv University, P.O. Box 39040, Ramat Aviv, Tel Aviv 69978, Israel; e-mail: talir@post.tau.ac.il.
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Abstract

This paper presents a model of development that is driven by matching between talents and technologies. Differences in productivity across countries are amplified by three dimensions of talent utilization: the range of talents utilized, the density of a specific talent utilized, and the average match quality in the economy. In our model, higher productivity increases the number of technologies available, enhancing the opportunities for individuals to match their talents to specific technologies and increasing the returns to search. More intensive search further contributes to talent utilization.

Keywords

Income LevelTotal Factor ProductivityTechnological DensityAppropriate TechnologyTalent UtilizationSearch

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Type
Articles
Information
Macroeconomic Dynamics , Volume 18 , Issue 4 , June 2014 , pp. 863 - 882
Copyright
Copyright © Cambridge University Press 2013 

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