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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2015
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 …
Persistent link: https://www.econbiz.de/10011397182
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2014
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … country depends on its connections to the rest of the world and on the human capital of the countries it is exchanging … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It …
Persistent link: https://www.econbiz.de/10010253459
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2014
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … country depends on its connections to the rest of the world and on the human capital of the countries it is exchanging … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It …
Persistent link: https://www.econbiz.de/10010255056
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Innovation and inequality in a small world
Lindner, Ines; Strulik, Holger - 2017
We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10011665033
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Innovation and inequality in a small world
Lindner, Ines; Strulik, Holger - 2017
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10011688459
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Endogenous Economic Freedom and the Wealth of Nations : Evidence from a Panel of Countries, 1996-2011
Keseljevic, Aleksandar; Spruk, Rok - 2013
Indexes of economic freedom measure the degree to which the policies and institutions of countries are supportive of economic freedom. The authors find a considerable scope for improvement in Index of Economic Freedom, created by Heritage Foundation, since not all components of index have equal...
Persistent link: https://www.econbiz.de/10014152314
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Indeterminacy and the Distribution of Growth Rates
Greiner, Alfred; Krüger, Jens J. - 2012
In endogenous growth theory models exist which are characterized by local and global indeterminacy. These concepts … research on the evolution of the world income distribution is expanded by an analysis of the evolution of the distribution of …
Persistent link: https://www.econbiz.de/10014122878
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Income Inequality, Government Expenditure, and Economic Growth : Theory and Empirics
Cao, Hua - 2010
To explain the relationship between income inequality and economic growth, we develop a computational model of endogenous growth by taking the effects of fixed government expenditure into account. With such a model, a non-linear relationship between level of income inequality and economic growth...
Persistent link: https://www.econbiz.de/10013142306
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Trust and Economic Growth
Beugelsdijk, Sjoerd; de Groot, Henri L. F.; van Schaik, … - 2002
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of...
Persistent link: https://www.econbiz.de/10014115097
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Knowledge and growth in the very long run
Strulik, Holger - 2010 - This version: October 2010
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10008906821