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Regional Technological Convergence: Patterns and Determinants

In: Innovation and Regional Technological Convergence

Author

Listed:
  • Tomasz Kijek

    (Maria Curie-Skłodowska University)

  • Arkadiusz Kijek

    (Maria Curie-Skłodowska University)

  • Anna Matras-Bolibok

    (Maria Curie-Skłodowska University)

Abstract

The convergence process is generally regarded as the implication of neoclassical growth theory (Solow, 1956). The assumption of diminishing returns to reproducible capital leads to convergence across countries and regions. Units with relatively lower initial capital to labour ratios experience technology transfers and capital flows from those with higher ratios. As a consequence, the income level converges across countries and regions.

Suggested Citation

  • Tomasz Kijek & Arkadiusz Kijek & Anna Matras-Bolibok, 2023. "Regional Technological Convergence: Patterns and Determinants," SpringerBriefs in Regional Science, in: Innovation and Regional Technological Convergence, chapter 0, pages 25-46, Springer.
    • Handle: RePEc:spr:sbrchp:978-3-031-24531-2_3
    DOI: 10.1007/978-3-031-24531-2_3
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