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Development, Structure, and Transformation : Some Evidence on Comparative Economic Growth
McCord, Gordon C. - 2013
, technology, and geography, and that none of these alone is sufficient to account for the diverse patterns of global growth. We …
Persistent link: https://www.econbiz.de/10013074652
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World Technology Usage Lags
Comin, Diego - 2010
as they are used in the countries in our sample. We denote these time lags as technology usage lags and compare them with … lags in real GDP per capita. We find that (i) technology usage lags are large, often comparable to lags in real GDP per … they replace combined with the usage lags that we document, lead us to infer that technology usage disparities might …
Persistent link: https://www.econbiz.de/10012760552
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Economic Growth with Constraints on Tax Revenues and Public Debt : Implications for Fiscal Policy and Cross-Country Differences
Aizenman, Joshua - 2007
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10012777949
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Long-Term Barriers to Economic Development
Spolaore, Enrico - 2015
What obstacles prevent the most productive technologies from spreading to less developed economies from the world's technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10013035176
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Skill-Specific Rather then General Education : A Reason for Us-Europe Growth Differences?
Krueger, Dirk; Kumar, Krishna B. - 2021
In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … between their growth rates will increase with the growth rate of available technology. By characterizing the optimal Ramsey … available technology. Our theory suggests that European education policies that favored specialized, vocational education might …
Persistent link: https://www.econbiz.de/10013212567
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Transition Dynamics in Vintage Capital Models : Explaining the Postwar Catch-Up of Germany and Japan
Gilchrist, Simon; Williams, John C. - 2021
-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …
Persistent link: https://www.econbiz.de/10013230828
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Digital Dark Matter and the Economic Contribution of Apache
Greenstein, Shane M. - 2014
Researchers have long hypothesized that spillovers from government, university, and private company R&D contribute to economic growth, but these contributions may be difficult to measure when they take a non-pecuniary form. The growth of networking devices and the Internet in the 1990s and 2000s...
Persistent link: https://www.econbiz.de/10013062615
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Innovation, Diffusion, and Trade
Eaton, Jonathan - 2012
a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers …
Persistent link: https://www.econbiz.de/10012755480
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Are Ideas Getting Harder to Find?
Bloom, Nicholas - 2017
In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...
Persistent link: https://www.econbiz.de/10012948079
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From Imitation to Innovation : Where is All that Chinese R&D Going?
König, Michael D.; Song, Zheng (Michael); … - 2022
distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other …
Persistent link: https://www.econbiz.de/10013309719