Fulvio Castellacci
Technology clubs, technology gaps and growth trajectories
Norwegian Institute of International Affairs
paper looks convergence clubs literature schumpeterian perspective follows idea crosscountry differences ability innovate imitate foreign technologies determine existence clustering polarization convergence clubs study investigates characteristics different technology clubs growth trajectories followed time crosscountry empirical analysis first explores existence multiple regimes data means cluster analysis techniques estimates technologygap growth equation dynamic panel model specification empirical results identify three distinct technology clubs show characterized remarkably different technological characteristics growth behavior