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capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD …
Persistent link: https://www.econbiz.de/10011537553
In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10010440426
Persistent link: https://www.econbiz.de/10001461384
We develop and estimate the steady-state growth equation of an augmented version of Romer's model of endogenous technical change that allows for population growth, human capital accumulation, diminishing returns to R&D, and technology diffusion. Estimates from international cross-section data...
Persistent link: https://www.econbiz.de/10014027374
In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in per-capita income levels and growth rates is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10009712336
What are the drivers of growth and convergence in productivity at regional level? Differences in the stock of human …
Persistent link: https://www.econbiz.de/10012661249
Persistent link: https://www.econbiz.de/10001415682
Persistent link: https://www.econbiz.de/10001687242
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a...
Persistent link: https://www.econbiz.de/10003035428
This chapter examines how international flows of technological knowledge affect economic performance across industries and firms across different countries. Motivated by the large share of the world's technology investments made by firms that are active across country borders, we focus on...
Persistent link: https://www.econbiz.de/10014025152