Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88128
Authors: 
Hübler, Michael
Year of Publication: 
2013
Series/Report no.: 
ZEW Discussion Papers 13-104
Abstract: 
This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set of various convergent and divergent growth paths is derived that is much richer than in the literature so far. South-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence. Not only a larger Southern market size, but also a higher Southern steady state growth rate benefit the North so that convergence is desirable for both, the South and the North.
Subjects: 
Schumpeter
endogenous growth
technology diffusion
convergence
poverty trap
JEL: 
F18
O11
O33
O41
Document Type: 
Working Paper

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