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Global divergence
(Centro de Investigación y Docencia Económicas, División de Economía, 2002)
I show that the evolution of cross-country incomes is characterized by global divergence. To do this, the sample of non-mainly-petroleum-exporting countries having market economies during the period 1960-1997 is divided ...
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 ...