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This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
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This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10009665630
Persistent link: https://www.econbiz.de/10010423974
Persistent link: https://www.econbiz.de/10008934951
produced by market R&D activities. -- Endogenous growth ; knowledge spillovers ; R&D ; globalization ; unified growth theory …
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