the development of a more general theory of the determinants and the effects of TC. In turn, such theory has to deal …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … to R&D activities. We estimate the convergence equation derived from Solovianized Romer model for 31 OECD countries for … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …

and negative effects. In this respect, the theory supports the findings of the empirical literature, which are …

, welche einen engen Bezug zwischen empirischer Spezifikation und Theorie ermöglichen. Mit statistischem Material der EU KLEMS …. Dadurch wird der Strukturwandel in diesem Zeitraum in Großbritannien aufgezeigt. Hierbei wird die rückläufige Nachfrage nach …

This study provides a uni ed growth theory to correctly predict the initially negative and subsequently positive …

of growth and in the end to increasingly skewed world income distribution. …