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....

This paper studies the dynamics of international trade from the perspective of knowledge spillover. Building into an idea-flow model the industry dimension, I integrate four channels of knowledge spillover: each firm could learn from domestic producers as well as foreign sellers, and learning is...

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...

In this work we analyse patterns of technological development using patent applications at the United States Patent and Trademark Office (USPTO) over the 1973-2012 period. Our study focuses on the combinations of technological fields within patent documents and their evolution in time, which can...

Technological diffusion is defined widely as the process by which the market for a new technology changes over time and from which production and usage patterns of new products and production processes result. This chapter looks at both the demand and supply sides of this process at differing...

How do the number of trade partners and the concentration of trade among partners affect the economic growth of a country? We refer to these characteristics as the structure of trade, and explore this question empirically in this study. We find that the structure of trade, independently of the...

En los 90's se dieron cambios sustanciales en materia económica en el país. Se pretende encontrar una relación entre estos cambios, el aumento en la desigualdad y la mayor volatilidad y menor dimensión de las tasas de crecimiento del PIB a partir de la misma fecha. Para esto se comenzó por...

This note presents a simple model to measure the relative economic growth of economic systems. The model considers S-Shaped pattern of economic growth which represented with a linear model provides information on how an economic system growth in comparison with another one. In particular, this...

How do physical capital accumulation and Total Factor Productivity (TFP) individually add to economic growth? We approach this question from the perspective of the quality of both labor and physical capital, namely human capital and the age of physical capital. We build a unique dataset by...

With non-homothetic preferences, a monopolistic competition equilibrium is inefficient. In a setting with heterogeneous firms that charge variable markups, this paper finds a sufficient statistic for changes in allocative efficiency that can be directly measured with data. The model also...