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dc.contributor.authorBoucekkine, Raoufen_US
dc.contributor.authorZou, Bentengen_US
dc.date.accessioned2010-11-26en_US
dc.date.accessioned2011-01-24T10:23:20Z-
dc.date.available2011-01-24T10:23:20Z-
dc.date.issued2010en_US
dc.identifier.piurn:nbn:de:hbz:361-16609en_US
dc.identifier.urihttp://hdl.handle.net/10419/43801-
dc.description.abstractThis paper extends the standard neoclassical model by considering a technology sector through which an economy with limited human capital attempts to catch up with a given 'locomotive' pushing exogenously technical progress. In periods of technological stagnation, economies close enough to the frontier may find it optimal to not catch up, which reinforces worldwide technological sclerosis. Under sustainable technological growth, all the other economies will sooner or later engage in imitation. Such a phase of technology adoption may be delayed depending on certain deep characteristics of the followers.en_US
dc.language.isoengen_US
dc.publisherInst. of Mathematical Economics, IMW Bielefelden_US
dc.relation.ispartofseriesWorking papers // Institute of Mathematical Economics 428en_US
dc.subject.ddc330en_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwTechnischer Fortschritten_US
dc.subject.stwKonjunkturzusammenhangen_US
dc.subject.stwImitationswettbewerben_US
dc.subject.stwTheorieen_US
dc.titleCatching-up with the 'locomotive': a simple theoryen_US
dc.typeWorking Paperen_US
dc.identifier.ppn62636812Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Institute of Mathematical Economics, Universität Bielefeld

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