Knowledge, Technological Catch-up and Economic Growth

Knowledge, Technological Catch-up and Economic Growth

By: Mark Rogers (author)Hardback

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Description

This text investigates to what extent the degree of knowledge diffusion affects economic growth. The central question posed is whether countries that are good at acquiring and diffusing new knowledge, achieve, as a consequence, faster economic growth. Mark Rogers uses both neclassical and endogenous growth models to construct testable hypotheses. His empirical analuysis uses new data on study abroad, communications and international business links in order to proxy absorbptive capability and to test these hypotheses.

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Contents

Introduction: background; chapter outlines; conclusion. Knowledge in neoclassical growth models: the basic Solow/Swan method; labour growth; technological change; endogenous savings; aggregation issues; conclusion. Knowledge in endogenous growth models: the AK model and the basics of endogenous growth; endogenising technical change and knowledge spillovers; knowledge based endogenous growth methods; conclusion. Modelling technological catch-up: the neoclassical model; modelling catch-up; conclusion. Imitation and growth: a brief review of the literature; imitation and the cost of acquiring technology; conclusion. The empirical analysis of economic growth - an overview: five issues facing growth empirics; a synopsis of empirical results; conclusion. Technological catch-up and convergence in empirical analysis: basic issues and analysis; technological catch-up studies; classical convergence; combining the classical and technological convergence models; conclusion. Study abroad and economic growth: overview of data; an initial conditions model; an augmented regression model; modifications and sub-samples; economic interpretation; conclusion. Communications and economic growth: overview of data; an initial conditions model; an augmented regression model; modifications and sub-samples; economic interpretation; conclusion. International business links and economic growth: overview of data; an initial conditions regression model; an augmented regression model; modifications and sub-samples; economic interpreation; conclusion. Conclusions: theoretical frameworks; empirical background; new empirical analysis; conclusion.

Product Details

  • publication date: 26/11/2003
  • ISBN13: 9781843765882
  • Format: Hardback
  • Number Of Pages: 192
  • ID: 9781843765882
  • weight: 431
  • ISBN10: 1843765888

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