In this paper we study a model for endogenous growth based on technology diffusion acrossEuropean countries with respect to the major foreign partners. To that aim we disentanglethe dynamics of such a problem by considering the single contribution to growth ofeach country, arising from every other individual country and for every strategic variableof the model. Among those, business services play a leading role for the link supportedbetween innovations and production. Moreover technology growth itself fosters the offshoringprocess of business services. Our calculations are an outcome of a program wesettled for a continuous time estimation which is, in its nature, suitable for the study of thedynamic systems.
A multi-country nonlinear dynamical model for the study of European growth based on technology and business services / Maggi, Bernardo; Daniel, Muro. - In: STRUCTURAL CHANGE AND ECONOMIC DYNAMICS. - ISSN 0954-349X. - ELETTRONICO. - 25:1(2013), pp. 173-187. [10.1016/j.strueco.2012.02.002]
A multi-country nonlinear dynamical model for the study of European growth based on technology and business services
MAGGI, Bernardo;
2013
Abstract
In this paper we study a model for endogenous growth based on technology diffusion acrossEuropean countries with respect to the major foreign partners. To that aim we disentanglethe dynamics of such a problem by considering the single contribution to growth ofeach country, arising from every other individual country and for every strategic variableof the model. Among those, business services play a leading role for the link supportedbetween innovations and production. Moreover technology growth itself fosters the offshoringprocess of business services. Our calculations are an outcome of a program wesettled for a continuous time estimation which is, in its nature, suitable for the study of thedynamic systems.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
