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In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we show how welfare measured by utility per head increases as the number of connected regions increase. We assume a common connectivity infrastructure implemented by satellite,...
Persistent link: https://www.econbiz.de/10010856401
Since 1950, there has been considerable diversity in developing country experiences. Some countries and some regions have experienced rapid growth and catch up, others have fallen behind. At a global level there is an increasing inequality of per capita incomes. However, within the framework of...
Persistent link: https://www.econbiz.de/10010856304
This paper reports the findings of an empirical study on the external effects of Information and Communication Technologies (ICT) on economic growth and productivity at an aggregate level. It focuses on possible network effects and spillovers emerging as externalities from investments in ICT....
Persistent link: https://www.econbiz.de/10010712162
In this paper we analyse economic development through the lenses of a newly developed index the structural modernization index. This index combines two dimensions that have been widely invoked as prime drivers of economic development namely, structural change and technological catch up. For each...
Persistent link: https://www.econbiz.de/10011167035
This paper provides new estimates of capital inputs in the Chinese economy. Estimates are made for the total economy (1953-2003), for the industrial sector (1978-2003) and for the manufacturing sector (1985-2003). The estimates for industry and manufacturing are broken down by thirty regions....
Persistent link: https://www.econbiz.de/10010856359
public investment and growth, to determine the growth-maximizing public investment GDP share. It empirically also accounts … and simultaneously, using System GMM. The paper further runs simulation and examines the public investment GDP share that …
Persistent link: https://www.econbiz.de/10010856371
In this paper we aim to measure and decompose the growth of frontier total factor productivity (TFP) in Tunisia over the period 1983-2001. We define frontier TFP growth as the shift of the economy's production frontier, which we obtain by solving for each year a linear program, a sort of...
Persistent link: https://www.econbiz.de/10010856394
This paper argues that actual technological spillovers are not substantial in developing countries because of the absence of an absorptive capacity. We carry out a panel data analysis in an attempt to gain insight into the specific aspects that enable economies to benefit from the backlog of...
Persistent link: https://www.econbiz.de/10010856435
The science-technology-innovation system is one that is continuously and rapidly evolving. The dramatic growth over the last twenty years in the use of science, technology and innovation (STI) indicators appears first and foremost the result of a combination between on the one hand the easiness...
Persistent link: https://www.econbiz.de/10010856492
these three components and estimate their effect on the growth and the international differences in GDP per capita. …
Persistent link: https://www.econbiz.de/10011004590