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Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …&D expenditures in the world's seven major industrialized countries between 1970 and 1995. First, I find that the scope of technology …
Persistent link: https://www.econbiz.de/10005497902
can diverge from the countries at the global frontier. We measure the degree of divergence for each country and find that …
Persistent link: https://www.econbiz.de/10011083897
I discuss the concept and empirical importance of international technology diffusion from the point of view of recent work on endogenous technological change. In this literature, technology is viewed as technological knowledge. I first review major concepts and discuss the relation of...
Persistent link: https://www.econbiz.de/10005791520
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or … industrialized countries on a geographic basis. A new data set is used which encompasses most of the world's innovative activity at …
Persistent link: https://www.econbiz.de/10005124371
How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This Paper compares the integration of rice markets in...
Persistent link: https://www.econbiz.de/10005136759
This paper argues that the application of the `2% rule' to the case of Eastern Germany, which implies convergence in …, structural change is likely to increase aggregate productivity further. Second, convergence is also driven by physical and human … of physical investment in Eastern Germany will accelerate convergence. …
Persistent link: https://www.econbiz.de/10005792325
Convergence concerns poor economies catching up with rich ones. At issue is what happens to the cross … preoccupied the traditional approach to convergence analysis. This paper describes an alternative body of research that overcomes … convergence clubs; and on the distribution polarizing into twin peaks of rich and poor - suggest the relevance of a class of …
Persistent link: https://www.econbiz.de/10005497811
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What …
Persistent link: https://www.econbiz.de/10011083510
of economic growth. The key features of our analysis of divergence in growth outcomes are an emphasis on the importance …
Persistent link: https://www.econbiz.de/10011084318
industrializing world was already wide and widened during the first decades after Independence. While Latin America resumed growth … then the world economy had gone through not one but two industrial revolutions. International trade was increasingly moving …
Persistent link: https://www.econbiz.de/10008468602