G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1260
DP1260 Adjustment and Performance of the Textile and Clothing Industry in the Czech Republic, Poland and Portugal
C. Corado; Vladimir Benacek; Wieslaw Caban
发表日期1995-11-30
出版年1995
语种英语
摘要This paper analyses the sources of post-war growth and convergence in the OECD using an extension of Mankiw, Romer and Weil's (1992) model in which the rate of technical progress is determined endogenously by the level of R&D spending and a process of technological catch-up. The results indicate that the impact of R&D investment on growth has been significant. Technological catch-up is found to be very fast and seems to have played an important role in OECD convergence during the first half of the sample period. The exhaustion of this effect, moreover, may help explain the slowdown of growth and convergence after the mid-1970s, and suggests that further convergence will require an important investment effort on the part of poorer countries. Finally, there is evidence that the neoclassical convergence effect is also operative but its contribution to convergence in output per worker has been minor.
主题International Macroeconomics
关键词Catch-up Convergence Growth
URLhttps://cepr.org/publications/dp1260
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530402
推荐引用方式
GB/T 7714
C. Corado,Vladimir Benacek,Wieslaw Caban. DP1260 Adjustment and Performance of the Textile and Clothing Industry in the Czech Republic, Poland and Portugal. 1995.
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