RT Journal Article
T1 Poverty traps in a frictionless world: The effects of learning and technology assimilation
A1 Santiago M. López, 
A1 Santos Arteaga, Francisco Javier
A1 Molero Zayas, José
AB We study an endogenous growth model of technology assimilation through an adaptivelearning process defining the accumulation of technological knowledge among both workers and industrial clusters. The assimilation of new technology and the arrival rate ofinnovations are both based on the distance from the technological frontier to the currenttechnological development level of the country. We illustrate how, even if technologicalinnovations become immediately available to all countries, and absent educational andinstitutional frictions among countries, differences in technological development levelsallow for the existence of poverty traps leading to the economic stagnation of technologicallaggards.
PB Elsevier
SN 0954-349X
YR 2011
FD 2011-06-01
LK https://hdl.handle.net/20.500.14352/114015
UL https://hdl.handle.net/20.500.14352/114015
LA eng
NO López, S. M., Molero, J., & Santos-Arteaga, F. J. (2011). Poverty traps in a frictionless world: The effects of learning and technology assimilation. Structural Change and Economic Dynamics, 22(2), 106-115. https://doi.org/10.1016/J.STRUECO.2010.12.001
DS Docta Complutense
RD 18 abr 2025