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The growth process for a technological leader is different from that of a follower. While followers can grow through imitation and capital deepening, a leader must undertake original research. This suggests that as the gap between the leader and the follower narrows, the follower must undertake...
Persistent link: https://www.econbiz.de/10010604936
property, innovation and diffusion in emerging countries.  It applies this literature to the Indian case.  India  is a … third section the focus turns to recent science, technology and innovation policy in India.  A study of the country …'s potential for innovation by the World Bank in 2007 argued that India must proceed on two fronts.  In addition to considering how …
Persistent link: https://www.econbiz.de/10011004399
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10005090691
What is the impact of modern transportation technology on long-run economic change in poor countries with high trade costs?  Rail construction in colonial Sub-Saharan Africa provides a natural experiment: 90% of African rail-road lines were built before independence, in a context where...
Persistent link: https://www.econbiz.de/10011159004
Expansion in mobile phone coverage has improved access to information throughout the developing world, particularly within sub-Saharan Africa.  The existing evidence suggests that information technology has improved market efficiency and reduced consumer prices for certain commodities.  There...
Persistent link: https://www.econbiz.de/10011159024
We report the short-term results from a randomized evaluation of a mobile phone literacy and numeracy program (Project ABC) in Niger, in which adult literacy students learned how to use mobile phones as part of a literacy and numeracy class.  Students in ABC villages showed substantial gains in...
Persistent link: https://www.econbiz.de/10011004442
This paper builds a dynamic stochastic general equilibrium (DSGE) model of endogenous growth that is capable of generating substantial degrees of endogenous persistence in productivity.  When products go out of patent protection, the rush of entry into their production destroys incentives for...
Persistent link: https://www.econbiz.de/10008725684
productivity growth both directly, reflecting own innovation, and indirectly, reflecting imitation of frontier technology.  Further …
Persistent link: https://www.econbiz.de/10011004195
Traditionally, the scholarly journal market operates so that research institutions are charged high prices and the wider public is often excluded altogether, while authors can usually publish for free and commercial publishers enjoy high profits.  Two forms of open access regulation can...
Persistent link: https://www.econbiz.de/10011004390
When a supply and demand model is recursive, with errors uncorrelated across the two equations, ordinary least square (OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night`s catch, so this would appear to be a good example of a recursive...
Persistent link: https://www.econbiz.de/10005051177