In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms. National growth trajectories are driven by firms’ accumulation of technological knowledge, which in turn also leads to emergent specialization patterns […]
![Endogenous growth and global divergence in a multi-country agent-based model working_paper_2017_31_cover](http://www.isigrowth.eu/wp-content/uploads/2017/12/working_paper_2017_31_cover-100x100.jpg)