accumulation. The present article studies international convergence and divergence, linking structural change with trade and growth …&D intensive sectors allows achieving higher rates of growth in the long term and increases the capacity to respond to demand … changes. A virtuous export-led growth requires laggard countries to reduce the technological gap with respect to more advanced …

We construct a two-sector growth model to show that sector biased technical change is the only fundamental driving … force of perpetual structural change and non-balanced sectoral growth. The direction of sector biased technical change …

We construct a two-sector semi-endogenous growth model to investigate the mechanism of sector biased technical change … and identify the fundamental driving force of structural change. We find that the balanced sectoral growth will be …

development process proceeds and investigates the consequences in terms of economic growth …

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the … engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from …

show that if capital growth exceeds non-capital-input growth and that firms earn a positive pure profit, then traditional …

This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp … markets. Although these results provide support for endogenous growth models, there is no evidence for constant returns to …