haku: @author Desmet, K. / yhteensä: 2
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Tekijä:Desmet, K.
Otsikko:A simple dynamic model of uneven development and overtaking
Lehti:Economic Journal
2002 : OCT, VOL. 112:482, p. 894-918
Asiasana:Econometric models
Capital theory
Technology transfer
Productivity
Kieli:eng
Tiivistelmä:The paper extends the Brezis et al. (Amer. Econ. Rev. 83(1993)1211-9) Ricardian leapfrogging model by introducing geographically mobile capital and allowing for a wider variety of development patterns. In a two-region economy, localised learning-by-doing causes specialisation and uneven development. Technological change reversers the existing development pattern if the new technology locates in the low-wage region. However, the development pattern may also be reinforced if spillovers between the old and the new technologu make the leading region a more attractive location. Capital flows are explicitly analysed and it is furthermore show that inter-regional transfers may reduce the change of take-off.
SCIMA tietueen numero: 243700
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