Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128341
Authors: 
Lindner, Ines
Strulik, Holger
Year of Publication: 
2015
Series/Report no.: 
CESifo Working Paper 5638
Abstract: 
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the ‘New Kaldor facts’ and produces an extraordinary diversity of country growth performances, including the overtaking of individual countries in the course of world development.
Subjects: 
networks
knowledge diffusion
economic growth
world income distribution
JEL: 
O10
O40
D62
D85
F41
Document Type: 
Working Paper

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