of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical …

This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …

find that about 60% of economic growth can be attributed to investment-specific technical change (ISTC). When we … entirety of postwar US growth. …

This paper investigates the impact of Information and Communication Technologies (ICT) on growth in an economy … incentives for investment for sectors using them, so the non-ICT using sector experiences sustained growth driven by capital … accumulation. Rates of growth across the three sectors differ, but the aggregate economy is on a balanced growth path with constant …

This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …

productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …

lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the …

Economies at early stages of development are often shaken by abrupt changes in growth rates, whereas in advanced … economies growth rates tend to be relatively stable. To explain this pattern, we propose a theory of technological … lower the volatility of output growth. Technological complexity evolves endogenously in response to profit incentives. The …