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This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
, better answers the issues raised in terms of economic convergence and divergence by these two sets of models. …
Persistent link: https://www.econbiz.de/10010366571
barriers to trade together with product imitation can foster growth and convergence in the member countries. However, in order …
Persistent link: https://www.econbiz.de/10010343970
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
emphasized in the New Economic Geography (NEG) literature. Both growth and agglomeration processes are, however, themselves … uncertainty impacts upon growth and agglomeration. The main results are twofold. First, nonzero mortality rates support a more … equal distribution of productive factors by introducing an additional dispersion force that countervails the agglomeration …
Persistent link: https://www.econbiz.de/10011575588
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence …-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … convergence is desirable for both, the South and the North. …
Persistent link: https://www.econbiz.de/10010204037
This paper examines how unionization affects economic growth through its impact on industry concentration in a two-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in innovation with geographic patterns of industry...
Persistent link: https://www.econbiz.de/10012793522
We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of...
Persistent link: https://www.econbiz.de/10011665033
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of...
Persistent link: https://www.econbiz.de/10011688459