productivity and thus augmenting their possibilities of an active enrollment in the labor market along with an income that can help …

This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set …-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence …

We present a model of endogenous total factor productivity which generates poverty traps. We obtain multiple steady … productivity and lower TFP. Our model is consistent with cross-country empirical evidence on differences in productivity and …

We present a model of endogenous total factor productivity which generates poverty traps. We obtain multiple steady … steady states, in a poverty trap less productive firms operate as well. This results in lower average firm productivity and … lower total factor productivity. In our model a growth miracle is accompanied by a shift of employment from small to large …