A North-South evolutionary model

Vol. 27 No. 4 (2007)

Oct-Dec / 2007
Published March 17, 2020
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Fernandes, André Luiz. 2007. “A North-South Evolutionary Model”. Brazilian Journal of Political Economy 27 (4):633-50. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/584.

A North-South evolutionary model

André Luiz Fernandes
Assessor de Engenharia do Tribunal de Contas — PR, Mestre em Desenvolvimento Econômico pela UFPR.
Brazilian Journal of Political Economy, Vol. 27 No. 4 (2007), Oct-Dec / 2007, Pages 633-650


 This work expands the classical Nelson and Winter model of Schumpeterian competition by including two sectors and a North-South dynamics, with a view to analyzing how different institutions and technological regimes affect the processes of convergence and divergence in the international economy. The results suggest that convergence may emerge out of the efforts for imitation in the South when the technological regime is cumulative. But when the regime is science-based, imitation is not enough for a successful catching-up. In this case convergence requires the South to invest in innovation as well. The work also analyses the robustness of the model results using Montecarlo.

JEL Classification: O41, O33, F43.

Keywords: Evolutionary Model Economic Growth Innovation and Technologic Diffusion Conditional Convergence