We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth … exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … industrial revolution. Knowledge diffusion through a Small World network produces an extraordinary diversity of individual growth … exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any …

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 … of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non …-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …