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Trade, Technology, and the Great Divergence
O'Rourke, Kevin Hjortshøj - 2019
Why did per capita income divergence occur so dramatically during the 19th Century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th Century? To answer these questions, this paper develops a...
Persistent link: https://www.econbiz.de/10012479692
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Technological Diffusion, Conditional Convergence, and Economic Growth
Bloom, David E. - 2002
Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...
Persistent link: https://www.econbiz.de/10012470002
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Technology in the Great Divergence
Clark, Gregory - 2001
things: (1) that incomes per capita diverged more around the world after 1800 than before; (2) that the source of this …
Persistent link: https://www.econbiz.de/10012470120
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Macroeconomic Convergence : International Transmission of Growth and Technical Progress
Helliwell, John F. - 1990
This paper uses data for nineteen industrial countries over the period 1960-1985 to examine the evidence for international convergence of technical progress. Several models of convergence, including a model in which convergence is affected by changes in a country's openness to trade, are...
Persistent link: https://www.econbiz.de/10012475773
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Reallocation and Technology : Evidence from the U.S. Steel Industry
Collard-Wexler, Allan - 2013
We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry's productivity is linked to this new technology, and...
Persistent link: https://www.econbiz.de/10012459923
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Is Poland the Next Spain?
Caselli, Francesco - 2005
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10012467642
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From Socialist Showcase to Mezzogiorno? Lessons on the Role of Technical Change from East Germany's Post-World War II Growth Performance
Keller, Wolfgang - 1997
explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was …
Persistent link: https://www.econbiz.de/10012472735
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Technological Diffusion, Convergence, and Growth
Barro, Robert J. - 1995
growth model. In the long run, the world growth rate is driven by discoveries in the technologically leading economies …
Persistent link: https://www.econbiz.de/10012473731
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Catch-up and Fall-back through Innovation and Imitation
Benhabib, Jess - 2012
Will fast growing emerging economies sustain rapid growth rates until they "catch-up" to the technology frontier? Are there incentives for some developed countries to free-ride off of innovators and optimally "fallback" relative to the frontier? This paper models agents growing as a result of...
Persistent link: https://www.econbiz.de/10012460568
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World War I and the Restructuring of International Business
Fertik, Ted - 2020
This paper considers the effect of the First World War on large-scale businesses in Second … the construction of massive steel works in Brazil and other industrializing countries around the world. These investments … would provide the foundation for the import-substituting policies of the post-World War II era …
Persistent link: https://www.econbiz.de/10012482443