@techreport{Strulik2010Knowledge,
abstract = {This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and other interesting interaction between forerunners and followers of the Industrial Revolution.},
address = {Hannover},
author = {Holger Strulik},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O10; O30; O40; E22; 330; Industrial Revolution; Endogenous Growth; Knowledge Diffusion; Productivity Slowdown; Convergence; Divergence; Neue Wachstumstheorie; Wissenstransfer; Investition; Industrielle Forschung; Produktivit\"{a}t; Wirtschaftswachstum; Simulation; Theorie; Wirtschaftsgeschichte; Welt},
language = {eng},
number = {459},
publisher = {Wirtschaftswiss. Fak., Leibniz Univ.},
title = {Knowledge and growth in the very long run},
type = {Discussion Paper, Wirtschaftswissenschaftliche Fakult\"{a}t, Leibniz Universit\"{a}t Hannover},
url = {http://hdl.handle.net/10419/66027},
year = {2010}
}
