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Growth in Stages

Arnold, Lutz G. (2003) Growth in Stages. Structural Change and Economic Dynamics 14 (1), pp. 55-74.

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Abstract

Existing North–South growth models generally ignore the possibility that the South becomes an innovating high-wage country. The present paper presents an analytically tractable North–South growth model in which the North innovates all the time, while the South is at first engaged in imitation and potentially starts to innovate too, later on. Three interesting results emerge from the analysis. ...

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Item Type:Article
Date:2003
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold)
Identification Number:
ValueType
10.1016/S0954-349X(02)00034-6DOI
Keywords:Innovation; Imitation; North–South trade; Regime switching; Global indeterminacy
Subjects:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Unknown
Owner: Universitätsbibliothek Regensburg
Deposited On:28 Jun 2010 06:33
Last Modified:28 Jun 2010 06:33
Item ID:15560
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