This paper investigates the growth factors of EU regions in the 1990s. We test the hypothesis that regional growth is determined by endogenous growth factors, trade and technological catching-up in a growth accounting framework. Our estimations suggest that growth of EU regions is positively related to the accumulation of physical and human capital. Innovation activity as well as international ...

Two approaches taken to the embodiment question are compared and discussed: quantitative theory and traditional growth accounting. The two approaches give very different estimates for the contribution of investment-specific technological advance to economic growth. Therefore, the approach taken matters. It is argued that the measures used in traditional growth accounting to gauge the importance...

What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead? We develop a general equilibrium framework to investigate these questions. The economy consists of ma...

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Technological change is perhaps the most powerful engine of growth in markets today. To harness this source of growth, firms need answers to key questions about the dynamics of technological change: (1) How do new technologies evolve? (2) How do rival technologies compete? and (3) How do firms deal with technological evolution? Currently, the literature suggests that a new technology seems to e...

This paper analyzes the evolution of Chinese urban income distribution across space and time in post-reform era. Our results suggest no evidence on income convergence across cities during the period 1984-2003. We find that cities with comparable income level are likely to be co-located in the same region; further, cities tend to mirror the mobility of their counterparts located in the same prov...

The paper estimates an empirical relation based on Krugman’s “technological gap” model to explore the influence of the pattern of international trade and production on the overall productivity growth of a developing country. A key result is that increased import competition in medium-growth (but not in lowor highgrowth) manufacturing sectors enhances overall productivity growth. The authors als...

This book, "The Mystery of Economic Growth," which was recently published in Hebrew, provides an excellent non-technical description of the developments of growth economics over the last half century. The story of the ideas and research of the theory and empirics of economic growth is organized around four themes. First, the importance of the accumulation of physical and human capital for the e...

pennyroyal, an aromatic herb, is considered by food and medicine industries. it grows in different countries and provides various technological and functional properties. essential oils (especially ‘pulegune’) are the effective materials of pennyroyal that causes anti-microbial, anti-oxidant and aromatic properties. these essential oils have significant effects on preventing growth of several s...