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Technology Diffusion, Services, and Endogenous Growth in Europe
Paolo Guerrieri
其他書名
Is the Lisbon Strategy Useful?
出版
International Monetary Fund, Office of Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino and Timor-Leste
, 2005
URL
http://books.google.com.hk/books?id=EWi3AAAAIAAJ&hl=&source=gbs_api
註釋
We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits for EU growth of the deepening of the single market, the reduction of regulatory barriers, and the accumulation of technology and human capital. Our results support the basic insights of the Lisbon Agenda. Economic growth in Europe is enhanced to the extent that: trade in services increases, technology accumulation and diffusion increase, regulation becomes both less intensive and more uniform across countries, and human capital accumulation increases in all countries.