کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
986938 | 1481036 | 2013 | 15 صفحه PDF | دانلود رایگان |
In this paper we study a model for endogenous growth based on technology diffusion across European countries with respect to the major foreign partners. To that aim we disentangle the dynamics of such a problem by considering the single contribution to growth of each country, arising from every other individual country and for every strategic variable of the model. Among those, business services play a leading role for the link supported between innovations and production. Moreover technology growth itself fosters the off-shoring process of business services. Our calculations are an outcome of a program we settled for a continuous time estimation which is, in its nature, suitable for the study of the dynamic systems.
► We present a continuous time panel data growth model to study technology and business services.
► We perform a theoretic and econometric analysis on a nonlinear differential system.
► We study the countries’ eigen-system.
► We study the dynamic proprieties of the steady state.
Journal: Structural Change and Economic Dynamics - Volume 25, June 2013, Pages 173–187