A simple dynamic model of uneven development and overtaking

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dc.contributor.author Desmet, Klaus
dc.date.accessioned 2014-05-30T10:59:42Z
dc.date.available 2014-05-30T10:59:42Z
dc.date.issued 2002-10
dc.identifier.bibliographicCitation The Economic Journal (2002), 112 (482), 894–918
dc.identifier.issn 1468-0297
dc.identifier.uri http://hdl.handle.net/10016/4795
dc.description This is the accepted version of the following article: Desmet, K. (2002), A Simple Dynamic Model of Uneven Development and Overtaking. The Economic Journal, 112(482) 894–918, which has been published in final form at: http://dx.doi.org/10.1111/1468-0297.00071
dc.description.abstract This paper extends the Brezis et al. (1993) Ricardian leapfrogging model by introducing geographically mobile capital and allowing for a wider variety of development patterns. In a two-region economy, localised learning-by-doing causes specialisation and uneven development. Technological change reverses the existing development pattern if the new technology locates in the low-wage region. However, the development pattern may also be reinforced if spillovers between the old and the new technology make the leading region a more attractive location. Capital flows are explicitly analysed and it is furthermore shown that inter-regional transfers may reduce the chance of take-off.
dc.description.sponsorship Financial aid from the Bradley Foundation, from the Spanish Ministry of Education (grant PB98-0139), and from the European Union Directorate General XII (project SERD-1999-000102) is greatly appreciated.
dc.format.extent 25
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Blackwell
dc.relation.isversionof http://hdl.handle.net/10016/6130
dc.rights © 2002 Royal Economic Society
dc.title A simple dynamic model of uneven development and overtaking
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1111/1468-0297.00071
dc.subject.eciencia Economía
dc.identifier.doi 10.1111/1468-0297.00071
dc.rights.accessRights openAccess
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 894
dc.identifier.publicationissue 482
dc.identifier.publicationlastpage 918
dc.identifier.publicationtitle Economic Journal
dc.identifier.publicationvolume 112
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