Raurich, Xavier; Sanchez-Losada, Fernando; … - Facultat d'Economia i Empresa, Universitat de Barcelona - 2011
Growth models of learning-by-doing assume that knowledge learned in produc- tion gets freely and instantly spread to …) growth is endogenous. However, the assumption of instant diusion of knowledge seems unrealistic. Diusion of knowledge takes …, since knowledge is embodied in workers. We present a model where the free and instant diusion of knowledge may exist only …