We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth … exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any …

We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including … connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the …

The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation … and growth. The model is estimated using sectoral data for 40 Dutch regions in the period 1987-1995. We find that local …

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this … question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …

effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the … is, the growth-uncertainty relationship depends on whether returns to scale in knowledge creation are increasing or non … effect on the average long-run growth rate. …

, taxation and growth,most empirical analyses arerestricted to simple linear regressions of growth on some measure of … knowledgeon the complex relationship between fiscal policies and economic growth, notonly nationally but also regionally. …

economic growth. It starts with the pioneers in this field and then classifies two main schools favouring liberal financial … literature on financial development and endogenous growth pushed the discussion back into the direction initially advocated by … financial development and economic growth. The evidence suggests, however, enormous heterogeneity across countries, regions …

energy source in a market economy model of endogenous growth through expanding varieties. During the energy transition …