Cross-country income differences and technology diffusion in a competitive world

Arbeitspapier

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human capital.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2504

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Analyses of Economic Development ; Technological Change: Choices and Consequences; Diffusion Processes ; One, Two, and Multisector Growth Models
• Subject: Capital accumulation ; technology diffusion ; neoclassical growth model ; Einkommensverteilung ; Weltwirtschaft ; Entwicklungskonvergenz ; Technologietransfer ; Innovationsdiffusion ; Neue Wachstumstheorie ; Offene Volkswirtschaft ; Internationaler Wettbewerb ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Irmen, Andreas
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/26549
• Last update: 10.03.2025, 11:45 AM CET