Innovation and inequality in a small world

Arbeitspapier

We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of 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 produces an extraordinary diversity of country growth performances, including the overtaking of individual countries and the replacement of the technologically leading country in the course of world development.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: cege Discussion Papers ; No. 313

Classification and Topics

• Classification: Wirtschaft ; Economic Development: General ; Economic Growth and Aggregate Productivity: General ; Network Formation and Analysis: Theory ; Economic Growth of Open Economies
• Subject: networks ; knowledge diffusion ; economic growth ; world income distribution

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lindner, Ines ; Strulik, Holger
• Event: Veröffentlichung
• (who): University of Göttingen, Center for European, Governance and Economic Development Research (cege)
• (where): Göttingen
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/162593
• Last update: 10.03.2025, 11:44 AM CET