Procesos de convergencia y Catch-up tecnológico
ISSN: 0210-0266
Année de publication: 1995
Volumen: 23
Número: 67
Pages: 403-433
Type: Article
D'autres publications dans: Cuadernos de economía: Spanish Journal of Economics and Finance
Résumé
After a period of time in which aspects related to growth were not a matter of interest for economists, the subject has become relevant again since the 80's when the theory of endogenous growth appeared. One of the most important features for economists is whether the convergence among nations can be accepted and, therefore, richer countries could grow at a lower rate than the poor ones. In this way the latter would reach the same income level as the former. The performance of technology is one of the variables that would favour this process and, especially, the process of its intemational diffusion or technological catch-up. The goal of this articIe is to show the role of the catch-up process in the most representative growth models, that is, the neoclassical and the endogenous growth models, from a present point of view. Afterwards an empirical analysis will apply this process to the study of convergence among the OECD countries.