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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2681

Título: Simulating the prospects of technological catching up
Autor: Caldas, José Castro
Godinho, Manuel Mira
Mamede, Ricardo Pais
Issue Date: 2005
Editora: ISEG – Departamento de Economia
Citação: Caldas, José Castro, Manuel Mira Godinho e Ricardo Pais Mamede. 2005. "Simulating the prospects of technological catching up". Instituto Superior de Economia e Gestão - DE Working papers nº 12-2005/DE/CISEP
Relatório da Série N.º: DE Working papers;nº 12-2005/DE/CISEP
Resumo: Local increasing returns associated with static and dynamic scale effects, knowledge spillovers, polarisation effects and the distance that separates different regions are among the most important driving forces behind the dynamics of economic and technological convergence. This paper puts forward a computational simulation model that seeks to integrate these factors. The modelling exercise was designed to achieve a better understanding of the relationship between the aspects underlying the specific trajectories of regional technological accumulation and the aggregate convergence/divergence patterns stemming from these trajectories. Analysis of the simulation's results allows us to draw several conclusions. Firstly, it is shown that the opportunities for interaction and the resulting knowledge spillovers are a necessary but not sufficient condition for convergence. Moreover, up to a certain point, an increase in the opportunities for interaction between regions may lead to further divergence. Secondly, when spatial friction in the interactions is either relatively low or high, regions which could be "losers" for a given initial distribution of technological capabilities may become "winners" for another one ("history matters"). Conversely, for intermediate levels of spatial friction leading to central polarisation, history is largely irrelevant - irrespective of the initial space distribution of technological capability and sequence of chance events, a polarised centre-periphery pattern emerges. Finally, when spatial distance imposes high friction on interactions between regions, and when they do not have to be very similar in their levels of technological capabilities in order to learn from each other, regions in the core of "continental masses" benefit in terms of increased technological capability ("space matters").
URI: http://hdl.handle.net/10400.5/2681
ISSN: 0874-4548
Versão do Editor: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26429
Appears in Collections:CISEP - Documentos de Trabalho / CISEP - Working Papers
DE - Documentos de trabalho / Working Papers

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