Relative backwardness and technology catching up with scale effects

Controlling for capital accumulation from per capita income growth, this paper shows robust scale effects on total factor productivity growth. The estimated speeds of technology catching up are around 2 percent per year. In addition, the empirical analysis confirms the catching up theory, in which the initial relative backwardness and policy variables conducive to technology adoption are statistically significant.

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Year of publication:	2002-10-11
Authors:	Kang, Sung Jin
Published in:	Journal of Evolutionary Economics. - Springer. - Vol. 12.2002, 4, p. 425-441
Publisher:	Springer
Subject:	Relative backwardness \| Adoption capacity \| Endogenous growth \| Technology catching up \| Scale effects

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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