An evolutionary model of international competition and growth

Carolina Castaldi ()
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Carolina Castaldi: Eindhoven Technology University

A chapter in Entrepreneurships, the New Economy and Public Policy, 2005, pp 253-266 from Springer

Abstract: Abstract The aim of this paper is to investigate cross-country patterns of economic divergence in an evolutionary perspective. We propose a simple open economy evolutionary model of growth where the growth variables of each country are microfounded on the dynamics of national firms. The model finds its antecedents in some of the evolutionary models of economic growth developed over the past years. We claim that evolutionary models are able to account for persistent differentiation in the growth performances of countries as a generic property. In fact, the model proposed here does so despite its quite simplified structure.

Keywords: Growth; Technological Change; International Technological Diffusion; Evolutionary Models (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-26994-6_14

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DOI: 10.1007/3-540-26994-0_14

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