Araujo, Ricardo Azevedo and Lima, Gilberto Tadeu (2011): Embodied technological change, capital sectoral allocation and export-led growth.
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This paper contributes to the literature on economic growth by seeking to join several lines of research on structural factors in a more fully specified framework, on the one hand, and by making this more inclusive supply side to interact with demand factors in a model of export-led growth, on the other hand. Balance-of-payments constraints influence the adoption of investment-specific technological change which requires the import of capital goods, while the sectoral allocation of physical and human capital is likewise revealed to be crucial for economic growth, both results having important policy implications.
|Item Type:||MPRA Paper|
|Original Title:||Embodied technological change, capital sectoral allocation and export-led growth|
|Keywords:||embodied technological change; sectoral allocation of investment; human capital accumulation; export-led growth|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences; Diffusion Processes
|Depositing User:||Gilberto Tadeu Lima|
|Date Deposited:||28. Mar 2011 23:45|
|Last Modified:||12. Feb 2013 10:26|
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