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Catch-up and Fall-back through Innovation and Imitation

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NBER2012-05-01 更新2025-01-04 收录
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Will fast growing emerging economies sustain rapid growth rates until they "catch-up" to the technology frontier? Are there incentives for some developed countries to free-ride off of innovators and optimally "fallback" relative to the frontier? This paper models agents growing as a result of

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2012-05-01
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