From Autarky to Integration : Imitation, Foreign Borrowing, and Growth

Imitation, Foreign Borrowing, and Growth

From Autarky to Integration : Imitation, Foreign Borrowing, and Growth
The effects on growth of the integration of an autarkic country into the world economy are analyzed, focusing on the differing roles of imitation and innovation in human capital accumulation. The country initially concentrates on imitation of foreign knowledge; subsequently, as it approaches the knowledge frontier, innovation plays a greater... READ MORE...

Publication date: September 1998
ISBN 9781451928907
$15.00

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