Diego Comin -- Why New Technologies Do Not Make Poor Countries Rich

Diego, a professor at Harvard Business School, discusses his research on technology adoption and income disparity. He explains the concepts of extensive and intensive margins, highlighting the faster adoption of new technologies in poorer countries but not a corresponding income convergence. Diego's research uses a comprehensive dataset to analyze these dynamics, considering factors like financial markets, political institutions, and geography. He shares his academic journey and teaching experiences, emphasizing the importance of empirical data in growth theory.

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