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Openness, growth and R&D spillovers: An R&D-amended version of WorldScan

In: Knowledge, Inequality and Growth in the New Economy

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Abstract

During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today – information and communication technology (ICT) – does not seem to drive growth as effectively and has coincided with an apparent increase in wage inequality. This book provides explanations of these two characteristics of modern economies and analyses them from both an individual and integrated perspective.

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  • ., 2003. "Openness, growth and R&D spillovers: An R&D-amended version of WorldScan," Chapters, in: Knowledge, Inequality and Growth in the New Economy, chapter 9, pages 301-352, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3034_9
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