, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency … speed asymptotically depend on initial conditions. A growth model is suggested, and it is proved that, in the process of … economic growth, the evolution of distribution of capacity by efficiency levels approximately follows the generalized …

A simple model of imitation and innovation is developed to explain a complicated picture of relative productivity … growth in different countries. The model makes difference between global and local innovations and does not assume that a … imitation, only innovation or a mixed policy prevails. We demonstrate how one can find the stationary states and check their …

A simple model of technological imitation and innovation is developed to explain club convergence in the evolution of … includes only innovation-imitation tradeoff, and the second one takes into account traditional investment decisions as well. It … versions, there are three types of stable steady-state regimes, with only imitation, only innovation or a mixed policy. Using …

We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …

abilities. To calculate them, we develop an endogenous growth model and an estimation procedure that combines both calibration …

earlier received results including a multy-dimensional generalization and an application to the economic growth theory. If φ …

abundance hampers growth if institutions of a country are weak. We study the impact of the resource abundance on budget deficit … on investment in R&D and fixed capital stock, and on long term growth, even though they are associated with losses …

» thesis and offering new explanations of mechanisms and effects that may inhibit growth in resource rich economies. Several … «resource curse» and make it necessary to reconsider the hypotheses about the impact of resource abundance on economic growth …, have a positive effect on long term growth even though they are associated with losses resulting from higher energy …

protection and accumulation of reserves can boost long term growth in the presence of externalities. …