01835cas a2200241 a 4500 AALejournalIMF008813 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451861228 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful? Washington, D.C. : International Monetary Fund, 2005. 1 online resource (48 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits for EU growth of the deepening of the single market, the reduction of regulatory barriers, and the accumulation of technology and human capital. Our results support the basic insights of the Lisbon Agenda. Economic growth in Europe is enhanced to the extent that: trade in services increases, technology accumulation and diffusion increase, regulation becomes both less intensive and more uniform across countries, and human capital accumulation increases in all countries. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2005/103 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/103/001.2005.issue-103-en.xml IMF e-Library