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Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
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Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
Persistent link: https://www.econbiz.de/10005059820
The paper presents a North-South trade model that discusses how changes in the technology gap affect specialization and growth in the Southern economy. The contribution of the paper is to propose a new specification for the influence of the technology gap on the pattern of specialization. It...
Persistent link: https://www.econbiz.de/10005652833
This paper discusses some of the structuralist ideas about international coordination and growth in an international system formed by countries whose productive structures and technological capabilities are strongly asymmetric. These ideas are formalized taking as a point of departure the...
Persistent link: https://www.econbiz.de/10008461588