Exchanging good ideas |
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Authors: | Louise C Keely |
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Institution: | Economics Department, University of Wisconsin, 1180 Observatory Drive, Madison, WI 53706, USA |
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Abstract: | This paper develops a framework to describe how the existence of technological spillovers leads to a distribution of technology clusters. Marshallian spillovers in this paper are assumed to be due to interaction of labor. The dynamics of cluster size, composition, and technology accumulation are characterized. |
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Keywords: | D39 O31 |
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