Abstract
In our paper, we present in the first place a stochastic model of optimal growth with heterogeneous technology with job qualifications. We are based on the models of Pesaran, Binder and Romer with technological transfer, we find the optimal fraction for the qualification of the employment in order to obtain a more favorable income. Second, we establish the conditions on the coefficient of technological diffusion, for which the country partially upgrading with their technological level.
A. Jamali Alaoui— This author is the one who did all the really hard work.
M. El Khomssi—This work is under the supervision of this author.
B. El Goumi—This author is involve in this work.
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Notes
- 1.
The test of the homogeneity hypothesis on a sample of 102 non-oil countries over the period 1960–1989 gives a rate of growth of technical progress between −3.1 and 7.4 between countries.
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Jamali Alaoui, A., El Khomssi, M., El Goumi, B. (2018). Stochastic Model of Economic Growth with Heterogeneous Technology and Technological Upgrading. In: Ben Ahmed, M., Boudhir, A. (eds) Innovations in Smart Cities and Applications. SCAMS 2017. Lecture Notes in Networks and Systems, vol 37. Springer, Cham. https://doi.org/10.1007/978-3-319-74500-8_90
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