Avoiding the trap: The dynamic interaction of North-South capital mobility and technology diffusion
This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation in which it is unable to attract foreign capital and embodied technologies if it is too far away from the technology frontier and if its absorptive capacity is too low. The paper reconciles the view that technological catching up is stronger the larger the technology gap with the alternative view that technological catching up is strongest at a medium technology gap. The closer the South is to the technology frontier the more beneficial is a higher income share of foreign capital.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 20 (2011)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RJTE20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RJTE20|
When requesting a correction, please mention this item's handle: RePEc:taf:jitecd:v:20:y:2011:i:3:p:401-427. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.