Arbeitspapier
The Great Divergence: A Network Approach
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of 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 explains the ‘New Kaldor facts’ and produces an extraordinary diversity of country growth performances, including the overtaking of individual countries in the course of world development.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 5638
- Klassifikation
-
Wirtschaft
Economic Development: General
Economic Growth and Aggregate Productivity: General
Externalities
Network Formation and Analysis: Theory
Open Economy Macroeconomics
- Thema
-
networks
knowledge diffusion
economic growth
world income distribution
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lindner, Ines
Strulik, Holger
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Lindner, Ines
- Strulik, Holger
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015