Relative backwardness and technology catching up with scale effects

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Abstract

Controlling for capital accumulation from per capita income growth, this paper shows robust scale effects on total factor productivity growth. The estimated speeds of technology catching up are around 2 percent per year. In addition, the empirical analysis confirms the catching up theory, in which the initial relative backwardness and policy variables conducive to technology adoption are statistically significant.

Original languageEnglish
Pages (from-to)425-441
Number of pages17
JournalJournal of Evolutionary Economics
Volume12
Issue number4
DOIs
Publication statusPublished - 2002 Oct
Externally publishedYes

Keywords

  • Adoption capacity
  • Endogenous growth
  • Relative backwardness
  • Scale effects
  • Technology catching up

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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