Technology adoption and multiple growth paths: An intertemporal general equilibrium analysis of the catch-up process in Thailand

Stokke, Hildegunn E.

doi:10.1007/bf02659711

Cited by 20 publications

(15 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Inspired by this original formulation, more recent models have built upon this technology-gap formulation and made use of a logistic type of catching up function, e.g. Verspagen (1991), Castellacci (2002, Papageorgiou (2002), Stokke (2004) and Benhabib and Spiegel (2005).…”

Section: Schumpeterian Growth Models and The Convergence Clubsmentioning

confidence: 99%

Technology clubs, technology gaps and growth trajectories

Castellacci

2008

Structural Change and Economic Dynamics

View full text Add to dashboard Cite

This paper looks at the convergence clubs literature from a Schumpeterian perspective, and it follows the idea that cross-country differences in the ability to innovate and to imitate foreign technologies determine the existence of clustering, polarization and convergence clubs. The study investigates the characteristics of different technology clubs and the growth trajectories that they have followed over time. The cross-country empirical analysis first explores the existence of multiple regimes in the data by means of cluster analysis techniques. It then estimates a technology-gap growth equation in a dynamic panel model specification. The empirical results identify three distinct technology clubs, and show that these are characterized by remarkably different technological characteristics and growth behavior.JEL classification: O11; O33; O40

show abstract

Section: Schumpeterian Growth Models and The Convergence Clubsmentioning

confidence: 99%

Technology clubs, technology gaps and growth trajectories

Castellacci

2008

Structural Change and Economic Dynamics

View full text Add to dashboard Cite

show abstract

“…It is a challenge to investigate more closely the dynamics of the productivity relations assumed here and factors affecting technology adoption and learning from abroad. An alternative dynamic formulation with multiple equilibria is analyzed by Stokke (2004). the steady-state foreign trade is scaled by labor supply for labor augmenting technical progress.…”

Section: Discussionmentioning

confidence: 99%

International spillovers, productivity growth and openness in Thailand: an intertemporal general equilibrium analysis

Diao

Rattsø

Stokke

2005

Journal of Development Economics

View full text Add to dashboard Cite

Journal article"Thailand has experienced economic growth well above world averages from 1960 to the recent crisis. While the controversy over Thailand and East Asian growth has discussed the role of capital accumulation versus productivity, we analyze the general equilibrium interaction between productivity and investment in an intertemporal growth model. The high growth is understood as a prolonged transition path with gradual tariff reduction and endogenous productivity driven by foreign spillover feeding capital investment. Counterfactual analyses show how protection would have reduced growth with productivity and investment slowdown, while shock liberalization would have raised immediate growth with faster convergence to steady state." -- Authors' AbstractISI; IFPRI3; Theme 5; GRP32; Theme 9DSGDP

show abstract

“…36 Similarly, Findlay (1978a), Baumol (1986) and Romer (1993) consider relative backwardness to be a convergence facilitating factor. 37 Gerschenkron's 'relative backwardness' idea (1962) was formalized in a model by NelsonPhelps (1966), who argued that the growth of technology in an economically backward country is proportional to the gap between the backward country and the country using the most advanced technological solutions (located close to the Technology Frontier Area) (Gomulka 2006 (Stokke 2004) 39 ; while Abramovitz (1986) points out that backward countries have a potential for rapid advances, but he also stresses the importance of social capabilities which can enhance or hinder the catching-up process (Abramovitz 1989).…”

Section: Convergence: Theoretical Specificationmentioning

confidence: 99%

Technology Diffusion

Lechman

2015

ICT Diffusion in Developing Countries

View full text Add to dashboard Cite

This chapter provides a theoretical framework of technology diffusion, which is defined as a dynamic and time-attributed process involving the transfer of information, knowledge and innovations, and standing for a continuous and gradual spread of new ideas throughout large-scale and heterogeneous societies. First, it extensively discusses theoretical technology diffusion concepts and models, explaining the technology diffusion trajectories by the use of S-shaped curves. Second, it presents the fundamental ideas and models standing behind the idea of technological substitution. Third, there is demonstrated a novel approach to identification of the 'technological take-off' and 'critical mass' effects with respect to the dynamics of the technology diffusion process and its prerequisites. Finally, based on theoretical frameworks derived from economic growth theories, it shows conceptualizations of technology convergence and technology convergence clubs.

show abstract

Technology adoption and multiple growth paths: An intertemporal general equilibrium analysis of the catch-up process in Thailand

Abstract: Nonlinear productivity dynamics, intertemporal growth modeling, Thailand,

Cited by 20 publications

References 31 publications

Technology clubs, technology gaps and growth trajectories

Technology clubs, technology gaps and growth trajectories

International spillovers, productivity growth and openness in Thailand: an intertemporal general equilibrium analysis

Technology Diffusion

Contact Info

Product

Resources

About