Microeconomic Foundation of the S-Curve Hypothesis: A Stochastic Technological Diffusion Model

Hui Ying Sng
Additional contact information
Hui Ying Sng: Nanyang Technological University, Singapore

Chapter 2 in Economic Growth and Transition:Econometric Analysis of Lim's S-Curve Hypothesis, 2010, pp 17-45 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionBarro and Sala-i-Martin's Technological Diffusion ModelDescriptive properties of the modelInadequacy of the model in describing economic developmentInterpretation and Enhancement of the Productivity ParameterProductivity parameter and EGOIN theoryEndogeneity of productivity parameter ARole of chance in the productivity parameterFormulation of the productivity parameterThe Stochastic Technological Diffusion ModelSetup of the modelInnovation in country 1Imitation in country 2Imitators of intermediate goods and producers of final goodsRepresentative consumerOutput of the economyGrowth rate of N2Expected growth rate of Y2The steady stateTechnological leadershipResultConclusion

Keywords: Economic Growth; Economic Transition; S-Curve Hypothesis; Technological Diffusion; Economic Convergence; Economic Divergence; Capital Accumulation; Capital Stock (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789814291842_0002 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789814291842_0002 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789814291842_0002

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().