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Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...
Persistent link: https://www.econbiz.de/10013240307
Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...
Persistent link: https://www.econbiz.de/10012470002
Persistent link: https://www.econbiz.de/10011937257
have international knowledge externalities. When calibrated, the hybrid model does a surprisingly good job of generating … model implies that most of income above subsistence is made possible by international diffusion of knowledge. …
Persistent link: https://www.econbiz.de/10014023776
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Technological change plays a crucial role in realizing energy efficiency improvements and, therefore, in ameliorating the conflict between economic growth and environmental quality. However, the diffusion of new technologies can prove a costly and lengthy process, meaning that many firms do not...
Persistent link: https://www.econbiz.de/10014474030
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This chapter focuses on the geographic dimensions of knowledge spillovers. The starting point comes from the economics … aspatial or insensitive to issues involving location and geography. However, empirical results hinted that knowledge production … had a spatial dimension. Armed with a new theoretical understanding about the role and significance of knowledge …
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