The roles of diffusion of advance technology and capital deepening in economic growth: a cross-country study

Erkin Bairam

Applied Economics Letters, 1997, vol. 4, issue 8, 497-501

Abstract: This paper is mainly concerned with measuring absolute and relative roles of diffusion of advanced technology and capital deepening in economic growth. The results obtained suggest an inverse U-shape relationship between productivity growth rates and levels of economic development. These results also suggest that the role of capital deepening is very modest.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:4:y:1997:i:8:p:497-501

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DOI: 10.1080/758536633

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