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, telephone density, legal quality and banking sector development are associated with technology penetration rates. Overall, the … reversion for computer use, particularly in developed economies. Financial development, either measured as bank lending or the …
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We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
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