This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …

production and trade. Imposing stylized facts of growth as restrictions, we assess the relative size of the implied prediction …Factor endowments are usually taken as given in trade theoretical analyses of technological change. We use the …-sector small open economy, an effect which has largely been neglected in trade theory literature. We show that ignoring the …

This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … condition requiring the growth of employment equal effective labor supply growth. Consequently, the models can have an imploding … paper applies the concept to several different PK growth models. In the Harrod, super-multiplier, Cambridge, and neo …

This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … explores the implications of incorporating the super-multiplier in the Neo-Kaleckian and Cambridge growth models. Lastly, it …

This paper proposes to explain the productivity growth slowdown with the poaching of disruptive inventors by firms … these inventors threaten with their research. I build an endogenous growth model with incremental and disruptive innovation …

We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990 … international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …