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The Evolution Of Productivity Gaps And Specialization Patterns

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Bart Los
Bart Verspagen

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Abstract

This paper presents an industry-level model of growth and trade, in which evolving specialization patterns are the endogenous result of innovation, international technology spillovers, learning-by-doing and balance of payments-restricted growth. Differences between industries with regard to their share in consumption are shown to reinforce or mitigate the effects of specialization on aggregate productivity convergence patterns, depending on other parameters. The implications of the model are studied by means of simulation analyses for a wide range of parameter configurations. Copyright © 2006 The Authors; Journal compilation © 2006 Blackwell Publishing Ltd.

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Article provided by Blackwell Publishing in its journal Metroeconomica.

Volume (Year): 57 (2006)
Issue (Month): 4 (November)
Pages: 464-493
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Handle: RePEc:bla:metroe:v:57:y:2006:i:4:p:464-493

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  1. André Lorentz, . "Sectoral Specialisation and Growth Rate Differences Among Integrated Economies," The Electronic Journal of Evolutionary Modeling and Economic Dynamics, IFReDE - Université Montesquieu Bordeaux IV. [Downloadable!]
    Other versions:
  2. Amavilah, Voxi Heinrich, 2006. "Intensity of technology use and per capita real GDP across some African countries," MPRA Paper 1675, University Library of Munich, Germany. [Downloadable!]
  3. Bart Los, 2001. "Identification of Strategic Industries: A Dynamic Perspective," ERSA conference papers ersa01p112, European Regional Science Association. [Downloadable!]
    Other versions:
  4. U. Witt & T. Brenner, 2007. "Output Dynamics, Flow Equilibria and Structural Change – A Prolegomenon to Evolutionary Macroeconomics," Papers on Economics and Evolution 2007-12, Max Planck Institute of Economics, Evolutionary Economics Group.
    Other versions:
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