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

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 E...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful? 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2005 
300 |a 48 pages 
651 4 |a United States 
653 |a Technological Change: Choices and Consequences 
653 |a Revenue administration 
653 |a Balance of trade 
653 |a Research and Development 
653 |a Labour 
653 |a Intellectual Property Rights: General 
653 |a Human capital 
653 |a Public finance & taxation 
653 |a Technology 
653 |a General issues 
653 |a Skills 
653 |a Exports and Imports 
653 |a Diffusion Processes 
653 |a International economics 
653 |a Information technology in revenue administration 
653 |a Labor 
653 |a Labor Productivity 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a International trade 
653 |a Innovation 
653 |a Information Management 
653 |a Occupational Choice 
653 |a Technological Change 
653 |a Knowledge management 
653 |a Empirical Studies of Trade 
653 |a Public Finance 
653 |a Human Capital 
653 |a Trade in services 
653 |a Income economics 
653 |a Technology transfer 
653 |a Revenue 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451861228.001 
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082 0 |a 330 
520 |a 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