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International business visits and the technology frontier

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  • Dowrick, Steve
  • Tani, Massimiliano

Abstract

We study the effect of international business trips on the productivity of twelve Australian industries during 1991/2-2005/6.We find strong positive effects, particularly for departing, rather than incoming, international visits. This result supports viewing business visits as investments rather than expenditures.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 110 (2011)
Issue (Month): 3 (March)
Pages: 209-212

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Handle: RePEc:eee:ecolet:v:110:y:2011:i:3:p:209-212

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Web page: http://www.elsevier.com/locate/ecolet

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Keywords: Knowledge Productivity International business visits Growth;

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References

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  1. Edward Anderson, 2007. "Travel and communication and international differences in GDP per capita," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(3), pages 315-332.
  2. Sid Shanks & Simon Zheng, 2006. "Econometric Modelling of R&D and Australia's Productivity," Staff Working Papers 0604, Productivity Commission, Government of Australia.
  3. John C. Driscoll & Aart C. Kraay, 1998. "Consistent Covariance Matrix Estimation With Spatially Dependent Panel Data," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 549-560, November.
  4. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, June.
  5. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-96, September.
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Cited by:
  1. Hovhannisyan, Nune & Keller, Wolfgang, 2010. "International Business Travel: An Engine of Innovation?," CEPR Discussion Papers 7829, C.E.P.R. Discussion Papers.
  2. Christiane Hellmanzik, 2013. "Does travel inspire? Evidence from the superstars of modern art," Empirical Economics, Springer, vol. 45(1), pages 281-303, August.
  3. Thomas Andersen & Carl-Johan Dalgaard, 2011. "Flows of people, flows of ideas, and the inequality of nations," Journal of Economic Growth, Springer, vol. 16(1), pages 1-32, March.
  4. Tani, Massimiliano & Joyeux, Roselyne, 2013. "Do Business Visits Cause Productivity Growth?," IZA Discussion Papers 7827, Institute for the Study of Labor (IZA).

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