Technological Diffusion, Conditional Convergence, and Economic Growth

David E. Bloom, David Canning, Jaypee Sevilla

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences in geography and institutions. TFP differentials explain a large part of cross-country income differences in our model; our estimates of the rate of return to capital, labor and schooling are completely consistent with micro-economic studies, implying the absence of externalities in aggregate production

MoreLess

Year of publication:	January 2002
Authors:	Bloom, David E.
Other Persons:	Canning, David (contributor) ; Sevilla, Jaypee (contributor)
Institutions:	National Bureau of Economic Research (contributor)
Publisher:	Cambridge, Mass : National Bureau of Economic Research
Subject:	Wirtschaftswachstum \| Economic growth \| Innovationsdiffusion \| Innovation diffusion \| Wirtschaftliche Konvergenz \| Economic convergence \| Theorie \| Theory \| Technischer Fortschritt \| Technological change \| Welt \| World \| Produktivität \| Productivity \| Einkommensverteilung \| Income distribution

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Which error do you want to report?

Report: URL of this record is broken

Please note: Sometimes more than one URL is available for a resource. Please click on "More Options" to display these URLs

Report: Addition of an URL to that resource

Please note: Sometimes more than one URL is available for a resource. Please click on "More Options" to display these URLs

Report: The language(s) of that resource is/are…

Please note: Required language not in the list? Please use comment field

Report: Addition of an identifier to that resource

Report: report typo

Report: Add statement

Report: Add keywords

Please use the commentary box to describe other errors

Would you like to receive a feedback?

Commentary

Please type the code from the image

For general questions please use this address.

Persistent link: https://www.econbiz.de/10012470002