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Closing the Technology Gap?

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  • Fulvio Castellacci

Abstract

This paper focuses on the dimensions shaping the dynamics of technology. We present a model where the knowledge stock of a country grows over time as a function of three main factors: its innovation intensity, its technological infrastructures and its human capital. The latter two variables contribute to determine the absorptive capacity of a country as well as its innovative ability. Based on this theoretical framework, we carry out an empirical analysis that investigates the dynamics of technology in a large sample of developed and developing economies in the last two-decade period, and studies its relationships with the growth of income per capita in a dynamic panel model setting. The results indicate that the cross-country distributions of technological infrastructures and human capital have experienced a process of convergence, whereas the innovative intensity is characterized by increasing polarization between rich and poor economies. Thus, while the conditions for catching up have generally improved, the increasing innovation gap represents a major factor behind the observed differences in income per capita.

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File URL: http://hdl.handle.net/10.1111/j.1467-9361.2010.00601.x
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Bibliographic Info

Article provided by Wiley Blackwell in its journal Review of Development Economics.

Volume (Year): 15 (2011)
Issue (Month): 1 (02)
Pages: 180-197

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Handle: RePEc:bla:rdevec:v:15:y:2011:i:1:p:180-197

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References

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Citations

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Cited by:
  1. Fulvio, Castellacci & Jose Miguel, Natera, 2011. "The dynamics of national innovation systems: a panel cointegration analysis of the coevolution between innovative capability and absorptive capacity," MPRA Paper 31583, University Library of Munich, Germany.
  2. Fulvio Castellacci & José Miguel Natera, 2011. "A new panel dataset for cross-country analyses of national systems, growth and development (CANA)," Working Papers del Instituto Complutense de Estudios Internacionales 05-11, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
  3. Fulvio, Castellacci, 2012. "Business Groups, Innovation and Institutional Voids in Latin America," MPRA Paper 41481, University Library of Munich, Germany.
  4. Ewa Lechman, 2013. "Technology convergence and digital divides. A country-level evidence for the period 2000-2010," GUT FME Working Paper Series A 3, Faculty of Management and Economics, Gdansk University of Technology.
  5. A. Peyrache & Andrea Filippetti, 2012. "Labour productivity and technology gap in European regions: A non-parametric approach," CEPA Working Papers Series WP022012, School of Economics, University of Queensland, Australia.
  6. Ewa, Lechman, 2012. "Cross national technology convergence. An empirical study for the period 2000-2010," MPRA Paper 37442, University Library of Munich, Germany.

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