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Paul Romer on the Unrivaled Joy of Scholarship
Conversations with Tyler
The Difference Between Growth at the Frontier and Catch Up Growth?
Do you think the distinction between economic growth at the frontier and catch up growth is always so well defined? So if you think of china, they seem to have innovations, how quickly they can build things. You could also have some significant technological success, but still very, very weak institutions. But all that said, i found when i started to think about problems, which is really the best test a theory, that i needed a different theoretical apparatus to think about, say, the challenge in tanzanea or germany.
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