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Technological Diffusion, Convergence and Growth

Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1995

We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … costs to increase reduces followers' growth rates and thereby generates a pattern of conditional convergence. We discuss how …

Persistent link: https://www.econbiz.de/10005504608

Summary of a Workshop on Global Convergence Scenarios: Structural and Policy Issues

Vanston, Nick - Economics Department, Organisation de Coopération et … - 2006

-country convergence of per capita GDP, to what extent they operate in practice, and the implications for policies, including those …

Persistent link: https://www.econbiz.de/10005046090

Productivity and Convergence in a Panel of OECD Industries: Do Regulations and Institutions Matter?

Scarpetta, Stefano; Tressel, Thierry - Economics Department, Organisation de Coopération et … - 2002

convergence in productivity levels within most industries across OECD countries. Convergence is however stronger in services than … is also evidence in the ... Productivité et convergence sur un panel de secteurs industriels des pays de l'OCDE : Une … harmonisée. Tout d’abord, nous montrons qu’il y a eu convergence des niveaux de productivité pour la plupart des industries …

Persistent link: https://www.econbiz.de/10005046184

International Trade, Foreign Direct Investment, and Technology Spillovers

Keller, Wolfgang - C.E.P.R. Discussion Papers - 2009

This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...

Persistent link: https://www.econbiz.de/10008577803

Reforms for sustainable productivity growth in Ireland

Jin, Yosuke; Westmore, Ben - 2018

The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the poor performance of local firms, with the large productivity gap between foreign-owned and local enterprises having widened. Given the mobility of foreign-owned firms, achieving...

Persistent link: https://www.econbiz.de/10011914268

Chile: Boosting Productivity Growth by Strengthening Competition, Entrepreneurship and Innovation

Schwellnus, Cyrille - 2010

Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it. Recent competition policy reforms that strengthen enforcement of cartel law must now be...

Persistent link: https://www.econbiz.de/10012444731

Economic Growth under Transformative AI

Trammell, Philip; Korinek, Anton - National Bureau of Economic Research - 2023

Industrialized countries have long seen relatively stable growth in output per capita and a stable labor share. AI may be transformative, in the sense that it may break one or both of these stylized facts. This review outlines the ways this may happen by placing several strands of the literature...

Persistent link: https://www.econbiz.de/10014421241

Learning and Dynamic Comparative Advantage: Lessons from Austria's Post-war Pattern of Growth for Eastern Europe

Marin, Dalia - C.E.P.R. Discussion Papers - 1995

characterized by three features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same …

Persistent link: https://www.econbiz.de/10005666891

Bankruptcy Codes and Innovation

Acharya, Viral V; Subramanian, Krishnamurthy - C.E.P.R. Discussion Papers - 2007

Do legal institutions governing financial contracts affect the nature of real investments in the economy? We develop a simple model and provide evidence that the answer to this question is yes. We consider a levered firm's choice of investment between innovative and conservative technologies, on...

Persistent link: https://www.econbiz.de/10005136739

Nonlinearities in productivity growth: A semi-parametric panel analysis

Azomahou, Théophile T.; Diene, Bity; Diene, Mbaye - In: Structural Change and Economic Dynamics 24 (2013) C, pp. 45-75

We use country panel data spanning over 1998–2008 for both developed and developing countries to study the productivity growth when countries are close to the technology frontier. Relying on a semi-parametric generalized additive model, we estimate both reduced and structural forms for total...

Persistent link: https://www.econbiz.de/10010617074