This paper reviews the wide literature on investment and productivity with the debate between the neoclassical and the new growth theories providing a context for discussion. Both schools of thought regard investment, broadly defined to include purchases of tangible assets, human capital...

La presente etude a pour but de poser un diagnostic sur l'evolution des disparites regionales au Canada a partir d'une analyse empirique qui s'inscrit dans la nouvelle vague des etudes consacrees a la convergence et a la croissance economique. L'apport empirique de l'etude se fera en deux...

We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model.

The present paper deals with the diffusion of the General Purpose Technologies (GPT) over heterogeneous finanl-good sectors. We show that the gradual adoption of the GPT by each user sector generates a sequence of two-phased cycles, culminating in a "second wave" after all sectors adopt,they...