Resource title

Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs

Resource image

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Resource description

We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two different skills (technological and systemic skills) and we are able to show that it is not only the absolute skill level but also the aggregate distribution of different skills that drives growth and convergence of an economy towards the world technology frontier.

Resource author

Dirk Dohse, Ingrid Ott

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24864

Resource license

Adapt according to the presented license agreement and reference the original author.