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Diffusion of technology and convergence of income among countries
Oz, Sumru - 2014 - Preliminary version; April 9, 2014
of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …. Although FDI appears to be an important channel in the diffusion of technology models theoretically, empirical evidence related … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence …
Persistent link: https://www.econbiz.de/10010251655
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Is Poland the Next Spain?
Caselli, Francesco; Tenreyro, Silvana - 2007
We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10014067497
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Distance to the Pre-industrial Technological Frontier and Economic Development
Özak, Ömer - 2018
This research explores the effects of distance to the pre-industrial technological frontiers on comparative economic development in the course of human history. It establishes theoretically and empirically that distance to the frontier had a persistent non-monotonic effect on a country's...
Persistent link: https://www.econbiz.de/10012940315
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Comovement and catch-up in productivity across sectors : evidence from the OECD
Cornwell, Christopher Mark; Wächter, Jens-Uwe - 1999
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
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Innovation diffusion, technological convergence and economic growth
Andergassen, Rainer; Nardini, Franco; Ricottilli, Massimo - 2013
The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle...
Persistent link: https://www.econbiz.de/10011730583
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TFP convergence across European regions
Di Liberto, Adriana; Usai, Stefano - 2010
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of 199 European regions between 1985 and 2006 and find the absence of an overall process of TFP...
Persistent link: https://www.econbiz.de/10012581708
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Technology Diffusion or Capital Accumulation? An Empirical Assessment of Convergence in Manufacturing
Dal Bianco, Silvia - 2010
In this paper I consider 28 developed and developing countries, in the period 1980- 1995, and I employ the Within Group and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and labor productivity convergence driving forces...
Persistent link: https://www.econbiz.de/10010343896
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Innovation Diffusion, Technological Convergence and Economic Growth
Andergassen, Rainer; Nardini, Franco; Ricottilli, Massimo - 2013
The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle...
Persistent link: https://www.econbiz.de/10014037995
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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
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Factor-biased technical change and specialization patterns
Brandt, Jana; Meckl, Jürgen; Savin, Ivan - 2011
We analyze the medium- and long-run effects of international integration of capital markets on specialization patterns of countries. For that purpose, we incorporate induced technical change into a Heckscher-Ohlin model with a continuum of final goods. This provides a comprehensive theory that...
Persistent link: https://www.econbiz.de/10010286419