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Convergence in a model with technological diffusion and capital mobility
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SYSNO ASEP 0310691 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Článek ve WOS Title Convergence in a model with technological diffusion and capital mobility Title Konvergence v modelu s technologickou difúzí a kapitálovou mobilitou Author(s) Duczynski, Petr (NHU-N) Source Title Economic Modelling. - : Elsevier - ISSN 0264-9993
Roč. 20, č. 4 (2003), s. 729-40Number of pages 12 s. Language eng - English Country NL - Netherlands Keywords open-economy model ; growth Subject RIV AH - Economics CEZ AV0Z7085904 - NHU-N UT WOS 183968200003 DOI https://doi.org/10.1016/S0264-9993(02)00005-6 Annotation This paper presents an open-economy model with technological diffusion and adjustment costs for capital investment. For undercapitalized economies, convergence is fast initially, despite the fact that it is slow asymptotically. The recent growth records of some transition countries are consistent with this prediction. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2009
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