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analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as … the same framework can be used to analyze how growth interacts with development and cross-country convergence and …
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variables, can improve our understanding of convergence and divergence across countries, and also restore the significance of …
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. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …
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We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
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