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Catching Up and Falling Behind, a Vintage Model Approach

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  • Skonhoft, Anders

Abstract

The literature on catching up suggests that due to diffusion and imitation relatively backward countries should grow at a faster rate. A model along lines suggested by Abramovitz is constructed to examine this. A country's change in productivity (technological gap) is supposed to depend on the productivity gap itself (relatively backwardness), social capability of adopting new technology, and R&D activity. Together with a vintage growth model, this setup gives a lot of different possible explanations of why growth rates differ among nations. The possibilities of both catching up and falling behind are considered.

Suggested Citation

  • Skonhoft, Anders, 1995. "Catching Up and Falling Behind, a Vintage Model Approach," Journal of Evolutionary Economics, Springer, vol. 5(3), pages 285-295, September.
    • Handle: RePEc:spr:joevec:v:5:y:1995:i:3:p:285-95
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    Cited by:

    1. Bernhard Heitger, 1993. "Convergence, the “tax-state” and economic dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 129(2), pages 254-274, June.
    2. Habibullah, Muzafar & smith, peter & Affizzah Awang Marikan, Dayang, 2011. "Has Kelantan Grown Faster than Other States in Malaysia? A Panel Data Analysis," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 45, pages 53-59.
    3. Hirnissa, M.T & Habibullah, M.S., 2008. "Finance and other services sectors in Peninsular Malaysia, Sabah and Sarawak: Testing for stochastic convergence," MPRA Paper 12108, University Library of Munich, Germany.

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