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• W1502936771 abstract "An endogenous growth model is developed demonstrating both static and dynamic gains from trade for developing nations due to the beneficial effects of trade on imitation and technological diffusion. The concept of learning-to-l earn in both imitative and innovative processes is incorporated into a quality-ladder model with North-South trade. Domestic technological progress occurs via innovation or imitation, while growth is driven by technological advances in the quality of domestically available inputs, regardless of country of origin. In the absence of trade, Southern imitation of Northern technology leads to asymptotic conditional convergence between the two countries, demonstrating the positive effect of imitation on Southern growth. Free trade generally results in a positive feedback effect between Southern imitation and Northern innovation yielding a higher common steady-state growth rate. Immediate conditional convergence occurs. Thus, trade in this model confers dynamic as well as static benefits to the less developed South, even when specializing in imitative processes." @default.
• W1502936771 created "2016-06-24" @default.
• W1502936771 creator A5070048631 @default.
• W1502936771 date "1997-01-01" @default.
• W1502936771 modified "2023-09-27" @default.
• W1502936771 title "Learning to Learn: The Role of Imitation and Trade in Technological Diffusion *" @default.
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• W1502936771 hasPublicationYear "1997" @default.
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