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Determinants of technology catch-up in MENA and SSA countries: a panel data analysis

Author

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  • Francisco Serranito

    (CEPN CNRS UMR 7234, Université Paris 13 and LEDa, IRD UMR DIAL)

Abstract

This paper estimates the determinants of TFP in the case of a panel of African and Middle-East countries for the period 1970-2010. We get two main results. Firstly, the degree of openness of a country is the only variables that have a positive and robust effect on the TFP growth. Secondly, convergence is not an automatic phenomenon for all countries. The possibility of a convergence effect depends on the ability of countries to adopt foreign technology. The most robust determinant of a country absorptive capacity is its stock of human capital. To a lesser extent the degree of financial market development could also be considered as a factor explaining the absorptive capacity but its significance depends on the list of regressors selected in the specification.

Suggested Citation

  • Francisco Serranito, 2017. "Determinants of technology catch-up in MENA and SSA countries: a panel data analysis," Economics Bulletin, AccessEcon, vol. 37(4), pages 2809-2825.
    • Handle: RePEc:ebl:ecbull:eb-16-00461
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    Cited by:

    1. Georges Harb & Charbel Bassil, 2023. "TFP in the Manufacturing Sector: Long-Term Dynamics, Country and Regional Comparative Analysis," Economies, MDPI, vol. 11(2), pages 1-22, January.

    More about this item

    Keywords

    Technology gap; Catching-up; Technology transfers; Absorptive capacity; GMM estimation; Middle-East and North Africa; Sub-Saharan African countries;
    All these keywords.

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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