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      <dc:title>Scale Effects, Innovations and Spillovers: New Insights from Emerging Countries</dc:title>
      <dc:creator>Luintel, Kul</dc:creator>
      <dc:creator>Khan, Mosahid</dc:creator>
      <dc:subject>Países en desarrollo - Situación económica</dc:subject>
      <dc:description>There has been a concomitant rise in R&amp;D and the rate of economic growth in emerging countries. Analyzing a panel of 31 emerging countries, we find convincing evidence of scale effects which make government policies potent for long-run growth. This contrasts sharply with the well known findings of Jones (1995a). Innovations show increasing returns to knowledge stock, implying that the diminishing returns assumed by some semi-endogenous growth models might not be generalized. International R&amp;D spillovers raise the innovation bar. The observed growth rates of emerging economies appear in transition therefore their growth rates may recede with the passage of time.</dc:description>
      <dc:date>2016-03-30T10:27:13Z</dc:date>
      <dc:date>2016-03-30T10:27:13Z</dc:date>
      <dc:date>2016</dc:date>
      <dc:date>2016-03-30</dc:date>
      <dc:type>conference output</dc:type>
      <dc:identifier>http://hdl.handle.net/10630/11093</dc:identifier>
      <dc:language>eng</dc:language>
      <dc:relation>Seminarios de Teoría Económica</dc:relation>
      <dc:relation>Facultad de Ciencias Económicas y Empresariales</dc:relation>
      <dc:relation>04/03/2016</dc:relation>
      <dc:rights>open access</dc:rights>
      <dc:rights>by-nc-nd</dc:rights>
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