This paper investigates a model with tachnological cycles induced by shifts in technologies. The key feature is that technological development occurs partly by discrete replacement of obsolete technologies, partly by continuous innovation of components for a pervasive general purpose technology....

In this paper we draw upon a recent body of evidence, with particular reference to material produced in the context of an ongoing OECD project on growth. We present an international comparison with special attention given to development in trends of labour productivity, allowing for human...

A competitive general equilibrium models is constructed and used to identify sources of productivity growth in Canada and to quantify their importance. The model also provides procefures for consturcting various economic time series. We find that periods of low productivity growth correspond to...

This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital. We set up an overlapping generations model in which young agents invest in both width and depth of human capital in order to adopt new technologies. The model develops...

This paper proposes a new approach to growth theory. The rationale is two-fold. First of all, the old (Solow-tupe) theory is increasingly unable to explain the "stylized facts" of growth. These are well known and it is unecessary to summarize the difficulties. The second part of the rationale is...

The paper focuses on how localised external, economies of scale created by knowledge spillovers, encourage industrial agglomeration and cause uneven technological development internationally.

A competitive general equilibrium models is constructed and used to identify sources of productivity growth in Canada and to quantify their importance. The model also provides procedures for constructing various economic time series. We find that periods of low productivity growth correspond to...

В статье рассматривается проблема взаимосвязи институциональных, технологических изменений и экономического роста, причѐм взгляд на эту связь определяется с...

This study focuses on the process of technology catch-up and competitive advantage creation, drawing on the successful experiences of Japan, Korea, Singapore, Taiwan, and Hong Kong -- the newly industrialized countries (NICs). It shows how the NICs countries have exploited the opportunities made...