The paper discusses the diffusion of new technologies from the perspective of the classical economists and Schumpeter. After a comparison of the pre- and post-technical change long-period positions of the economy, we ...The paper discusses the diffusion of new technologies from the perspective of the classical economists and Schumpeter. After a comparison of the pre- and post-technical change long-period positions of the economy, we illustrate the process of transition between the two in terms of a two-sector model Next, we turn to a system with joint production. The fact that some products may be ＂bads＂ that need to be disposed of leads to a study of systems of production-cure-disposal. Finally, we investigate the selection pressure innovations exert on incumbent firms. An important message is that technical change cannot generally be studied within a partial framework of the analysis.展开更多
Since the Reform and Opening-up policy had been implemented in 1978, China's Mainland has experienced significant economic growth, with GDP rising on an annual average of about 10%. However, this growth miracle wa...Since the Reform and Opening-up policy had been implemented in 1978, China's Mainland has experienced significant economic growth, with GDP rising on an annual average of about 10%. However, this growth miracle was far from being evenly distributed across space. It is, therefore, the aim of this paper to study the evolution of spatial disparities in economic development across the country between 1993 and 2012, a period which is characterized by all provinces having access to international markets and being open for international investors. We seek to answer the question of whether Central and Western Chinese provinces were catching up with the East. We define ＇catching up＇ as a growing similarity among spatial units. Convergence processes might manifest in four dimensions, including （1） the spatial allocation of employment, value added generation and the fixed capital stock, （2） forms of technical change, （3） productivity patterns, and （4） income distribution. Results show that persistent phases of convergence appeared. However, in some cases the catching up of China＇s less developed parts with the flourishing East was limited to only a few Western and Central Chinese provinces. A high degree of path-dependency in economic development prevented catching up from taking place in a more uniform manner.展开更多
文摘The paper discusses the diffusion of new technologies from the perspective of the classical economists and Schumpeter. After a comparison of the pre- and post-technical change long-period positions of the economy, we illustrate the process of transition between the two in terms of a two-sector model Next, we turn to a system with joint production. The fact that some products may be ＂bads＂ that need to be disposed of leads to a study of systems of production-cure-disposal. Finally, we investigate the selection pressure innovations exert on incumbent firms. An important message is that technical change cannot generally be studied within a partial framework of the analysis.
文摘Since the Reform and Opening-up policy had been implemented in 1978, China's Mainland has experienced significant economic growth, with GDP rising on an annual average of about 10%. However, this growth miracle was far from being evenly distributed across space. It is, therefore, the aim of this paper to study the evolution of spatial disparities in economic development across the country between 1993 and 2012, a period which is characterized by all provinces having access to international markets and being open for international investors. We seek to answer the question of whether Central and Western Chinese provinces were catching up with the East. We define ＇catching up＇ as a growing similarity among spatial units. Convergence processes might manifest in four dimensions, including （1） the spatial allocation of employment, value added generation and the fixed capital stock, （2） forms of technical change, （3） productivity patterns, and （4） income distribution. Results show that persistent phases of convergence appeared. However, in some cases the catching up of China＇s less developed parts with the flourishing East was limited to only a few Western and Central Chinese provinces. A high degree of path-dependency in economic development prevented catching up from taking place in a more uniform manner.
