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The paper analyses a two-sector model of endogenous growth with two common features of economic development: stages of sustained growth and underdevelopment traps. The model also demonstrates the transitional issues of a temporary underdevelopment trap, seemingly sustainable growth, and a...
Persistent link: https://www.econbiz.de/10005407679
trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …
Persistent link: https://www.econbiz.de/10005118834
of analysis. Considering as unit of analysis the region of Beira Interior (Portugal), this article aims to provide a TOWS …
Persistent link: https://www.econbiz.de/10005118851