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A Rising Tide Raises All Ships: Trade and Diffusion as Conduits of Growth

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Abstract

Technology can flow from one country to another through at least two conduits. One is the diffusion of technological knowledge itself. Another is the exchange of goods embodying technological advances.1

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© 2003 CEIS (Centre for International Studies on Economic Growth), University of Rome ‘Tor Vergata’

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Eaton, J., Kortum, S. (2003). A Rising Tide Raises All Ships: Trade and Diffusion as Conduits of Growth. In: Paganetto, L., Phelps, E.S. (eds) Finance, Research, Education and Growth. Palgrave Macmillan, London. https://doi.org/10.1057/9781403920232_5

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