Falling behind, forging ahead and catching up: a modeling of the technological gap from growth regime theory in light of unified groth theory

Textos de Economia

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Title Falling behind, forging ahead and catching up: a modeling of the technological gap from growth regime theory in light of unified groth theory
Falling behind, forging ahead e catching up: uma modelagem do gap tecnológico a partir da Teoria dos Regimes de Crescimento a luz da Teoria do Crescimento Unificado
 
Creator Lima, Sergiany da Silva
Ruiz, Ana Urraca
 
Subject
Growth; Least developed country; Persistent inequalities; Innovation; Technological change
Economia
Crescimento; Economia atrasada; Desigualdades persistentes; Inovação; Mudança tecnológica
 
Description Objetive: The objective of this article is to construct an economic model capable of explaining the dynamics of economic growth in the long term confronting restrictive hypotheses of multiple growth regimes, in light of the unified growth theory. Historical facts such as the catching up the United States, Japan, Korea and China challenge the robustness of multiple equilibria. Thus, based on the limitation of the multiple equilibrium hypothesis to explain catching up, a dynamic model was constructed whose analysis covers the effect of endowment of economic factors on the productivity gap between advanced and backward economies and the effect of diffusion and technological shocks in the dynamic Falling behind, Forging ahead and Catching up.
O objetivo deste artigo é construir um modelo econômico capaz de explicar a dinâmica de crescimento econômico no longo prazo confrontando hipóteses restritivas de múltiplos regimes de crescimento, a luz da teoria do crescimento unificado. Fatos históricos como o catching up dos Estados Unidos, Japão, Coreia e China desafiam a robustez dos equilíbrios múltiplos. Assim, baseado na limitação da hipótese de múltiplos equilíbrios para explicar o catching up, foi construído um modelo dinâmico cuja análise abrange o efeito da dotação de fatores econômicos sobre o gap de produtividade entre economias avançadas e atrasadas, e o efeito da difusão e choques tecnológicos na dinâmica Falling behind, Forging ahead e Catching up.
 
Publisher UFSC
 
Contributor
Fundação de Amparo a Ciência e Tecnologia de Pernambuco (FACEPE) / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)
 
Date 2019-12-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier https://periodicos.ufsc.br/index.php/economia/article/view/2175-8085.2019.e65171
10.5007/2175-8085.2019.e65171
 
Source Textos de Economia; v. 22, n. 2 (2019); 1-30
2175-8085
0103-6017
 
Language por
 
Relation https://periodicos.ufsc.br/index.php/economia/article/view/2175-8085.2019.e65171/42229
 
Rights Direitos autorais 2020 Textos de Economia
 

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