Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/230268 
Year of Publication: 
2020
Citation: 
[Journal:] International Economic Review [ISSN:] 1468-2354 [Volume:] 61 [Issue:] 2 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2020 [Pages:] 683-719
Publisher: 
Wiley, Hoboken, NJ
Abstract: 
We present a multicountry theory of economic growth and R&D-driven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world inequality, followed by decreasing relative inequality. Knowledge diffusion through a small world network produces an extraordinary diversity of country growth performances, including the overtaking of individual countries and the replacement of the technologically leading country in the course of world development.
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Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version

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