Arbeitspapier
Innovation and inequality in a small world
We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are connected by a network of knowledge exchange. Technological progress in any country depends on the state of technology in the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including the overtaking of individual countries and the replacement of the technologically leading country in the course of world development.
- Sprache
-
Englisch
- Erschienen in
-
Series: cege Discussion Papers ; No. 313
Economic Development: General
Economic Growth and Aggregate Productivity: General
Network Formation and Analysis: Theory
Economic Growth of Open Economies
knowledge diffusion
economic growth
world income distribution
Strulik, Holger
- Handle
- Letzte Aktualisierung
-
12.07.2024, 13:22 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Lindner, Ines
- Strulik, Holger
- University of Göttingen, Center for European, Governance and Economic Development Research (cege)
Entstanden
- 2017