Inderscience Publishers

Economic growth, catching up, falling behind and getting ahead

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This paper outlines several approaches and develops a conceptual explanation toward identifying catch-up processes between leaders and followers within a group of industrialised countries (or even emerging economies), in pursuit of higher levels of productivity and economic performance that could be traced to industrial racing behaviour, conduct and patterns in industrial and technological competition.

Keywords: economic growth, competition, catching-up hypothesis, leapfrogging, increasing returns industries, technological racing, economic rivalry, catch-up processes, productivity, economic performance, economic development, competitive advantage

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