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Economic Growth, TFP Convergence and the World Export of Ideas: A Century of Evidence

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Author Info
"Jakob B." "Madsen"

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Abstract

This paper examines the effect of international patent stock on total factor productivity for 16 OECD countries over the past 120 years. The results show that the international patent stock is highly influential for economic growth and, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and σ-convergence among the OECD countries over the past 120 years. Copyright © The editors of the "Scandinavian Journal of Economics" 2008 .

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9442.2008.00530.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Scandinavian Journal of Economics.

Volume (Year): 110 (2008)
Issue (Month): 1 (03)
Pages: 145-167
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Handle: RePEc:bla:scandj:v:110:y:2008:i:1:p:145-167

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  1. Lööf, Hans & Andersson, Martin, 2008. "Imports, Productivity and the Origin Markets -the role of knowledge-intensive economies," Working Paper Series in Economics and Institutions of Innovation 146, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
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This page was last updated on 2009-11-22.

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