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This paper attempts to make an innovative contribution to the growth literature by proposing a trade-induced catch up model in which imitation benefit is explicitly modelled and trade knowledge spillover is considered. The resulting income dynamics is in the error correction form. The Pooled...
Persistent link: https://www.econbiz.de/10001600063
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authoritative and comprehensive book goes beyond the narrowly-based convergence model of economic growth by considering global …
Persistent link: https://www.econbiz.de/10011851184