We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model a …rm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs. Suppliers then choose investments in noncontractible activities, anticipating payo¤s from an ex post barg...

This paper develops an endogenous growth model with labor market matching and technology adoption. While labor market search and entry frictions lengthen technology diffusion, exogenous technology arrival may creatively destruct jobs in the short run. Such interrelationships give rise to multiple equilibria (global and local indeterminacy) under which a small autonomous technological improvemen...

Fuel wood provides the main source of energy for cooking and space heating for over 80 percent of households living in Kenya. The heavy reliance on the biomass energy has exerted an imbalance in demand and supply consequently resulting in adverse environmental effects in Kenya. As part of innovation efforts, several energy-conserving technologies have been developed. A unique cook stove named M...

Sweet potato (Ipomoea batatas) is one of the stable tuber crops consumed by many households in Nigeria. It can be found in different varieties and exist in many colours of skin and flesh. The production of this important crop is still very low, thereby compromising food security. Sweet potato is one of the target commodity crops under the Nigerian Agriculture Sector Investment Opportun...