Convergence and Divergence among Technology Clubs

Fulvio Castellaci

No 06-21, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

Abstract: The paper investigates cross-country differences in technology in a large sample of developed and developing economies over the 1990s. The empirical analysis indicates the existence of three technology clubs with markedly different levels of technological development: advanced, followers and marginalized countries. The technology clubs also differ with respect to their dynamics over the 1990s. While the club of followers is characterized by a process of gradual convergence towards the technological frontier, the group of marginalized has experienced an increase in its gap in terms of innovative capabilities.

Keywords: Growth and development; technological change; convergence clubs; polarization (search for similar items in EconPapers)
JEL-codes: O11 O33 O40 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-cse and nep-ino
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:aal:abbswp:06-21

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