We review the literature on the links between technology and international trade. The older literature assumed … relationship between each one of these forms of change in technology with international trade. Apart from integrating much of the …

. Rather than being a key condition for subsequent growth, gains in market efficiency and growth might have occurred … simultaneously. We discuss the implications of these findings for a number of explanations for long-run growth and the Industrial …

, broadly defined (e.g., attitudes toward science and technology, new versus old ideas, change, risk taking, personal agency …

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …

A competitive stock market is embedded into a neoclassical growth economy to analyze the interplay between the … economic growth by raising total factor productivity, but its impact is only transitory. Several predictions on the evolution …

-financial sector to fund the bailout may be inefficient since it weakens its incentive to invest, decreasing growth. Instead, the …

Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question …