International business visits and the technology frontier
AbstractWe 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 InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 110 (2011)
Issue (Month): 3 (March)
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Web page: http://www.elsevier.com/locate/ecolet
Knowledge Productivity International business visits Growth;
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06-04, University of Copenhagen. Department of Economics.
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- 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.
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- Hovhannisyan, Nune & Keller, Wolfgang, 2010. "International Business Travel: An Engine of Innovation?," CEPR Discussion Papers 7829, C.E.P.R. Discussion Papers.
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