Externalities and interdependent growth: Theory and evidence
AbstractI formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external returns to scale to physical capital within countries are 8 percent; that a 10 percent increase of total factor productivity of a country's neighbors raises its total factor productivity by 6 percent; and that a 2 percent annual growth rate of labor productivity can be explained as an endogenous response to an exogenous 0.2 percent annual growth rate of total factor productivity in the steady--state.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 194.
Date of creation: Oct 1996
Date of revision:
Contact details of provider:
Web page: http://www.econ.upf.edu/
Spatial externalities; growth regressions; exogenous growth versus endogenous growth; human versus physical capital externalities;
Find related papers by JEL classification:
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-1998-09-14 (All new papers)
- NEP-ENV-1998-09-14 (Environmental Economics)
- NEP-TID-1998-09-14 (Technology & Industrial Dynamics)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Ana Goicolea & José A. Herce & Juan J. De Lucio, . "Regional integration and growth: The Spanish case," Working Papers 98-14, FEDEA.
- Enrique Lopez-Bazo & Esther Vaya & Rosina Moreno, 1998. "Grow, neighbour grow, grow... Neighbour be good!," ERSA conference papers ersa98p168, European Regional Science Association.
- Buonanno, Paolo & Carraro, Carlo & Galeotti, Marzio, 2003. "Endogenous induced technical change and the costs of Kyoto," Resource and Energy Economics, Elsevier, vol. 25(1), pages 11-34, February.
- Celal Kucuker, 2003. "Türkiye Ýktisat Kongresi Büyüme Stratejileri Çalýþma Grubu," Working Papers 2003/5, Turkish Economic Association.
- Moreno, Rosina & López-Bazo, Enrique & Vaya, Esther & Artís, Manuel, 2000. "External Effects And Cost Of Production," ERSA conference papers ersa00p193, European Regional Science Association.
- Marzio Galeotti & Carlo Carraro, 2004. "Does Endogenous Technical Change Make a Difference in Climate Policy Analysis? A Robustness Exercise with the FEEM-RICE Model," Working Papers 2004.152, Fondazione Eni Enrico Mattei.
- M. Junaid Khawaja & Toseef Azid, 2010. "The role of technology spillovers in convergence," Humanomics: The International Journal of Systems and Ethics, Emerald Group Publishing, vol. 26(1), pages 53-64, February.
- Viladecans-Marsal, Elisabet, 2000. "External Economies And Location Of Industrial Activities. An Analysis Of The Spanish Case," ERSA conference papers ersa00p95, European Regional Science Association.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.