Uneven Growth between Interdependent Economies: An Evolutionary View on Technology Gaps, Trade and Growth.

Abstract

Preface. Part One. Theory and empirics of international growth rate differentials and technology gaps. Chapter 1. Technology, growth and welfare: a historical perspective. 1.1. The search for welfare and the role of technology. 1.2. Aim of the book. 1.3. Organisation of the rest of the book. Notes. Chapter 2. The literature on economic growth and technological change. 2.1. A brief overview. 2.2. The traditional literature on economic growth. 2.3. New neoclassical growth models: endogenous innovation. 2.4. The role of technological change. 2.5. Explaining growth rate differentials. Notes. Chapter 3. An evolutionary theory of economic growth and technological change: the basics. 3.1. Economic growth as an evolutionary process: a macroeconomic interpretation. 3.2. Economic growth as an evolutionary process: a microeconomic interpretation. 3.3. Towards an evolutionary theory. Notes. Chapter 4. Technology and growth in an international perspective, 1960-1990: an impressionistic approach. 4.1. Economic growth and structural change. 4.2. Technology. 4.3. Technology and growth: catching up or falling behind? A global issue. 4.4. Summary and conclusions. Appendix IV.1. Postwar economic welfare and the selection of country samples. Appendix IV.2. The 3-digit ISIC sector classification (revision 2). Appendix IV.3. On measuring and graphing structural differences between countries. Appendix IV.4. Some tests for the influence of multicollinearity on the regressions in section 4.2. Notes. Part Two. Technology spillovers between interdependent economies: catching up or falling behind?. Chapter 5. A model of catching up or falling behind. 5.1. Description of the model. 5.2. Solving the model. 5.3. The outcomes of the model under varying parameter restrictions. 5.4. Conclusions of the model. Notes. Chapter 6. An empirical test of the model. 6.1. Testing procedure and data sources. 6.2. Result. 6.3. Interpreting the results. 6.4. Summary and some policy conclusions. Appendix VI.l. A description of the data. Appendix VI.2. The calculation of the N-statistic. Notes. Part Three. Technological change, international trade and economic growth. Chapter 7. An evolutionary model of technological change, specialisation and economic growth. 7.1. A descriptive interpretation. 7.2. The model. 7.3. Simulation results. 7.4. Summary and conclusions. Appendix VII.1. Initial values of the simulation runs for the 3-country 2-sector case. Appendix VII.2. Some mathematical details of the selection equation in discrete time. Notes. Chapter 8. An empirical view on the evolution of trade and technology. 8.1. Patents as indicators of innovation. 8.2. Summarising some known correlations. 8.3. Trade and technology: a dynamic evolutionary framework. 8.4. Estimation of the replicator equation. 8.5. Some further tests on the robustness of the replicator estimates. 8.6. Explaining the results for the patent variables. 8.7. Summary and conclusions.