Search
Now showing items 1-3 of 3
Technological innovation, implementation and stagnation: convergence clubs in the open world economy
(Centro de Investigación y Docencia Económicas, División de Economía, 2001)
We construct a multi-country Schumpeterian growth model in which technological change can occur either through research and development or through implementation. R&D requires a threshold level of human capital that depends ...
The effect of financial development on convergence: theory and evidence
(Centro de Investigación y Docencia Económicas, División de Economía, 2005)
We introduce imperfect creditor protection in a multi-country version of Schumpeterian growth theory with technology transfer. The theory predicts that the growth rate of any country with more than some critical level of ...
R&D. Implementation and stagnation: a shumpeterian theory of convergence clubs
(Centro de Investigación y Docencia Económicas, División de Economía, 2005)
We construct a multi-country Schumpeterian growth model in which technological change can occur either through research and development or through implementation. R&D requires a threshold level of human capital that depends ...