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Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful?

Abstract
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
Table Of Contents
""Contents""; ""I. Introduction""; ""II. The Model ""; ""III. Estimation""; ""IV. Policy Implications""; ""V. Conclusions""; ""Appendix Data Sources""; ""REFERENCES""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (49 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452761268

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