, 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 …

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

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 …

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

, technology transfers and immigration policies, as well as FDI and liberalization of capital flows, on rate of economic growth. It …

exchange reserves (FER) contributes to economic growth of a developing economy by increasing both the investment/GDP ratio and … triggers export-led growth; (3) FER build up attracts foreign direct investment because it increases the credibility of the … government of a recipient country and lowers the dollar price of real assets. A three-sector model of endogenous economic growth …

There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … growth, whereas in countries with poor law and order democratization undermines growth; (2) if democratization occurs under …