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 …

This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We … the economy has grown. 2) Services as a percent of GDP have risen at the same time. In this paper growth depends on … model of sustained, but not infinite, growth. Indeed, the main point of the paper is that it is possible to build growth …

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 …