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This research proposes that the geographical distance from the location of the pre-industrial technological frontier has a non-monotonic and persistent effect on development. While remoteness from this frontier diminished imitation, it fostered the emergence of a culture conducive to innovation...
Persistent link: https://www.econbiz.de/10010559833
The objective of this paper is to contribute to the development of an evidence-based system to monitor progress towards the European Research Area (ERA) and a knowledge-based economy. We start with an overview of existing theory and empirical evidence on the role of international technology...
Persistent link: https://www.econbiz.de/10003898728
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
In this paper, we take another approach to accounting for the sources of Singapore's economic growth by being explicit about the channels through which Singapore, as a technological follower, benefits from international Ramp;D spillovers. Taking into account the channels through which technology...
Persistent link: https://www.econbiz.de/10012713261
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is applied to 1-digit industries of 14 OECD...
Persistent link: https://www.econbiz.de/10010466017
We study the effect of railroad access on urban population growth. Using GIS techniques, we match triennial population data for roughly 1,000 cities in nineteenth-century Prussia to georeferenced maps of the German railroad network. We find positive short- and long-term effects of having a...
Persistent link: https://www.econbiz.de/10010489837
Within the European model, the macroeconomic and cohesion policies insure a good substantiation of the sustained economic growth. The achievement of the Single Market had positive effects upon the European economy as a whole, but these benefits have not been equally distributed among states,...
Persistent link: https://www.econbiz.de/10008693673
FDI are appreciated as an important catalyst in the host country economy due to their positive externalities they generate through fixed capital accumulation, stimulating the development of organizations, technological transfer and exerting a strong impact on equilibration of the balance of...
Persistent link: https://www.econbiz.de/10010739293
In this model of North and South economies, growth is driven by Schumpeterian R&D and by accumulation of two types of human capital, versatile and specialized. The former is school intensive while the latter is on-the-job-training intensive. Growth is endogenous and independent of scale effects....
Persistent link: https://www.econbiz.de/10005292797
The role of external demand in determining economic growth has undoubtedly increased as a result of globalisation. However, the conventional approach used to assess the contribution to growth of exports diminishes the positive influence of higher foreign demand by attributing to it the entire...
Persistent link: https://www.econbiz.de/10013288246