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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1260 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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