Is Imitation Policy Suitable for Developing Countries

摘要

AK model assumes technology as one common public product with attributes of“non-rival and non-exclud able”,which suggests individual finn prefers to imitate technology in order to maximize profiL This paper ap plies AK model to explain imitation policy in developing countries,and empirical test reveals AK model is appropriate to explain the growth of developing countries rather than developed countries,which implies imitation policy is suitable for developing countries.