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This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers,...
Persistent link: https://www.econbiz.de/10012157100
subsequent recovery of left-handedness observed over the last few centuries in the Western world, we propose a theory in which …
Persistent link: https://www.econbiz.de/10012493880
more strongly in Asia than in the rest of the world. Third, innovation has also been critical in facilitating recent growth …
Persistent link: https://www.econbiz.de/10013328193
Persistent link: https://www.econbiz.de/10014259297
Utilizing a simple growth model that includes the energy resource as an essential input, the possibility of a cleaner environment as well as larger income is demonstrated. Growth rates need not be lowered to have a cleaner environment, and the energy output ratio may be reduced. Pollution...
Persistent link: https://www.econbiz.de/10014041261
We propose a Unified Growth model that analyzes the role of the Scienti fic Revolution in the takeoff to sustained modern economic growth. Basic scientific knowledge is a necessary input in the production of applied knowledge, which, in turn, fuels productivity growth and leads to rising...
Persistent link: https://www.econbiz.de/10012204877
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10003897830
closely replicates trajectories for world population, GDP, sectoral productivity growth and crop land area from 1960 to 2010 …
Persistent link: https://www.econbiz.de/10011478553
The main objective of this work is to investigate the theoretical interrelationships between economic growth, the National Innovation System (NIS) and the real exchange rate (RER) in an export-led growth model. Formally, this work presents new changes in the Kaldor-Dixon-Thirlwalĺs model by the...
Persistent link: https://www.econbiz.de/10011865754
model closely replicates trajectories for world population, GDP, sectoral productivity growth and crop land area from 1960 …
Persistent link: https://www.econbiz.de/10011621641