Two fundamental issues have been ignored in the convergence debate which are addressed in this paper. First, there has been little attention paid to the development of a general model able to explain convergence a divergence. Second, in the rush to put data to a convergence hypothesis,...

Two fundamental issues have been ignored in the convergence debate which are addressed in this paper. First, there has been little attention paid to the development of a general model able to explain convergence a divergence. Second, in the rush to put data to a convergence hypothesis,...

While the debate over whether and why convergence between national productivity rates between countries over time has occurred is a lively one, the discussion has largely ignored two issues: the development of a generalized theoretical model of cross-country growth patterns that could explain...

This paper contributes to the literature on institutions and economic growth by conducting an empirical examination on the links between innovation and institutions. Using cross-country data and the instrumental variable method, this study finds that institutional arrangements explain much of...

This article contributes to the growth literature by developing a formal growth model that provides the basis for studying institutions and technological innovation and examining how human capital and institutional constraints affect the transitional and steady state growth rates of output. The...

In a recent paper, Kemp and Shimomura extend the basic Heckscher-Ohlin model to show that no country has an incentive to hoard its technology. This basic result is not new. It was first shown by William Ellis in 1825. Ellis extended Ricardo's model to obtain the same free trade result. The...