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Title:Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs PDF Logo
Authors:Dohse, Dirk
Ott, Ingrid
Issue Date:2008
Citation:[Series:] Kiel working paper [No.:] 1467 [Editor:] Kiel Inst. for the World Economy, Kiel
Series/Report no.:Kiel working paper 1467
Abstract:We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two different skills (technological and systemic skills) and we are able to show that it is not only the absolute skill level but also the aggregate distribution of different skills that drives growth and convergence of an economy towards the world technology frontier.
Subjects:Growth
skills
innovation
selection
distance to frontier
JEL:O31
O33
O38
J24
L26
Document Type:Working Paper
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

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