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A multi-country non-linear dynamical model for the study of European growth based on technology and business services.
- Source :
-
Structural Change & Economic Dynamics . Jun2013, Vol. 25, p173-187. 15p. - Publication Year :
- 2013
-
Abstract
- Abstract: 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. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 0954349X
- Volume :
- 25
- Database :
- Academic Search Index
- Journal :
- Structural Change & Economic Dynamics
- Publication Type :
- Academic Journal
- Accession number :
- 89216664
- Full Text :
- https://doi.org/10.1016/j.strueco.2012.02.002