Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing … growth, the model reveals that incentives to invest in public education vanish if a country is poorly endowed with human … better-endowed counterparts build up human capital thereby promoting technology adoption and growth, the growth process in …

China has experienced a period of tremendous economic growth in recent years. In an attempt to explain this development …, several existing growth-accounting studies reveal that impressively high rates of productivity growth have been at the heart …

This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human … to a higher growth path. We also show that an economy can have different growth paths depending on the initial structure … uncertain characteristics may adversely affect human capital accumulation and income growth, leading the economy to a low growth …

High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income … growth rate is a non-linear function of the income growth if policy makers try to influence economic growth. As a result …

Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic … growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the … productivity trend. For such AI-generated growth to work, high levels of human capital need to be available for firms, in …

The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy … evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of … technological change can give a better explanation of the differentials in the growth performance and development patterns of …

creation, and development in technology adoption. The results suggest first, that the rate of growth is positively correlated … raises the level of basic research and the rate of growth. Third, verifying these theoretical results, empirical analyses … frontier, the higher the growth effect of basic R&D, indicating that the share of basic R&D matters for economic growth. Last …