Castro, Steve de; Gonçalves, Flávio - Departamento de Economia, Faculdade de Economia, … - 2010
The growth empirics of two separate but related issues are studied. In the first, the annual data on GDP per person (GDPpp) for Brazil, 1822-2000, and the US, 1869-1996, were converted into arrival times for innovations defined as permanent increments to GDPpp of given size (e.g. 3%). We say an...