Ngai, L. Rachel; Samaniego, Roberto M. - London School of Economics (LSE) - 2009
-sector endogenous growth model allowing for industry specific parameters in the production functions for output and knowledge, and in … differences in "technological opportunities", interpreted as the parameters of knowledge production. These include the capital … intensity of R&D, knowledge spillovers, and diminishing returns to R&D. To investigate the quantitative importance of these …