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Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of 199 European regions between 1985 and 2006 and find the absence of an overall process of TFP...
Persistent link: https://www.econbiz.de/10012581708
This paper introduces a model of localised competition and technological adoption that produces interesting geographical adoption patterns: Persistent asymmetry, where nobody adopts, Leapfrogging where only followers adopt, Forging ahead where only leaders adopt and Catching up where everybody...
Persistent link: https://www.econbiz.de/10013090612
This study investigates the effects of three international technology diffusion (ITD) channels on regional economic convergence (REC): inward foreign direct investment (IFDI), outward foreign direct investment (OFDI) and imports. Based on Chinese provincial-level data, econometric results...
Persistent link: https://www.econbiz.de/10012944989
mobility can explain differences in their per-capita income and labor productivity. We disentangle the role played by global … human-mobility network enhances both per-capita income and labor productivity. Our results hold cross-sectionally, as well … network. Our exercises also suggest that most of the gain in income and productivity can be attained if country centrality in …
Persistent link: https://www.econbiz.de/10010403724
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
energy productivity growth. We draw on the Solow growth model to build a benchmark exogenous framework to explore the basic … growth rates of energy productivity are the same across countries in the balanced growth path equilibrium, but the cross … levels of energy productivity. The economy that has a stronger capacity of assimilating foreign technology diffusion and …
Persistent link: https://www.econbiz.de/10010344238
Using data from patents, citations, inter-sectoral sales and customs, we examine the international diffusion of technology through imports of sectoral knowledge and production inputs. We construct measures of the flow of technology embodied in imports. These measures are weighted by...
Persistent link: https://www.econbiz.de/10014253761
energy productivity growth. We draw on the Solow growth model to build a benchmark exogenous framework to explore the basic … growth rates of energy productivity are the same across countries in the balanced growth path equilibrium, but the cross … levels of energy productivity. The economy that has a stronger capacity of assimilating foreign technology diffusion and …
Persistent link: https://www.econbiz.de/10014146215
The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle...
Persistent link: https://www.econbiz.de/10011730583