IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

Economic Growth and Technological Change: An Evolutionary Interpretation

  • Bart Verspagen

This paper provides a perspective from evolutionary economic theory on recent growth differences in the OECD area. The empirical analysis contained in the paper offers a number of findings. First, the United States seems to be diverging from the other OECD countries, while the latter are still, by and large, converging to the OECD average. Second, the estimated model of evolutionary growth suggests that convergence based on the assimilation of foreign technology is becoming a more active process. R&D now seems to be crucial for catching-up and is no longer an activity that is unequivocally associated with moving the world technological frontier. Third, differences between countries in terms of pure technological competencies, i.e. patenting, have become more important in explaining growth differentials. These trends suggest that the absorption of foreign technology requires more active efforts, and that technological differences between countries translate more easily ... Croissance économique et changement technologique : Une interprétation évolutionniste Ce document fournit la perspective de théorie économique évolutionniste sur les différences récentes de croissance entre les pays de l’OCDE. L’analyse empirique menée dans le rapport offre un certain nombre de résultats. En premier lieu, les États-Unis semblent diverger des autres pays de l’OCDE, alors que ces derniers convergent, généralement, vers la moyenne de l’OCDE. Deuxièmement, le modèle évolutionniste de croissance estimé suggère que la convergence basée sur l’assimilation de la technologie étrangère devient un processus plus actif. La R-D semble maintenant être cruciale pour rattraper un retard et n’est plus une activité qui vise systématiquement à déplacer la frontière technologique du monde. Troisièmement, les différences entre les pays en termes de compétences technologiques pures, c’est-à-dire les dépôts de brevets, sont devenues plus importantes dans l’explication des différentiels de croissance. Ces tendances suggèrent que l’absorption de la technologie étrangère exige ...

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.

File URL:
Our checks indicate that this address may not be valid because: 403 Forbidden ( [303 See Other]--> If this is indeed the case, please notify ()

Download Restriction: no

Paper provided by OECD Publishing in its series OECD Science, Technology and Industry Working Papers with number 2001/1.

in new window

Date of creation: 09 Jan 2001
Date of revision:
Handle: RePEc:oec:stiaaa:2001/1-en
Contact details of provider: Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16
Phone: 33-(0)-1-45 24 82 00
Fax: 33-(0)-1-45 24 85 00
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:oec:stiaaa:2001/1-en. 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: ()

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.