000			01622pab a2200205 454500
008			180718b2014 xxu||||| |||| 00| 0 eng d
100			_aBatabyal, Amitrajeet
245			_aTechnology, learning, and long-run economic growth in leading and lagging regions
260			_c2014
300			_ap.92-95.
362			_a5 Apr
520			_aThis paper uses a dynamic model to study the effects of technology and learning on the long-run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading region's technologies. The analysis sheds light on four salient questions. First, the paper determines the long-run growth rate of output per human capital unit in the leading region. Second, it defines a lagging to leading region technology ratio, study its stability properties, and then uses this ratio to ascertain the long-run growth rate of output per human capital unit in the lagging region. Third, for specific parameter values, it analyses the ratio of output per human capital unit in the lagging region to output per human capital unit in the leading region when both regions have converged to their balanced growth paths. Finally, the paper discusses the policy implications of our analysis and then offers suggestions for extending the research described here. - Reproduced.
650			_aLearning
650			_aTechnology
650			_aEconomic growth
700			_aNijkamp, Peter
773			_aEconomic and Political Weekly
908			_aN
909			_a103495
999			_c103491 _d103491