Technology, competitiveness and specialisation in OECD manufacturing
AbstractPurpose – This study seeks to analyse the relation between technology, competitiveness and specialisation in OECD manufacturing. Design/methodology/approach – A regression analysis is first performed explaining the disaggregate manufacturing relative value added market share performance of a series of OECD countries by their relative unit labour costs (ULC), relative own and foreign research intensity and by a catch up term. Estimates are then presented of equations relating an indicator of revealed comparative advantage of value added to similar measures of comparative performance of ULC, or of its component terms, and of R&D expenditure, and the respective results are considered in conjunction. Findings – The results show that, although each time there is evidence of a negative impact of the ULC-based variables, the influence of the technology variables is far more important. Re-estimation on research-intensive and less research-intensive samples shows that the dominance of the technology factors is especially important in the research-intensive industries. The influence of comparative wages on specialisation is, moreover, found to be positive here, suggesting the presence of a significant labour skill effect. Originality/value – The paper confirms the Schumpeterian insights, which have emphasised the relation between technology, competitiveness and specialisation. It stresses the dominance of product qualitative aspects of competitiveness, especially in research-intensive industries.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Emerald Group Publishing in its journal Journal of Economic Studies.
Volume (Year): 35 (2008)
Issue (Month): 1 (March)
Contact details of provider:
Web page: http://www.emeraldinsight.com
Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Ofria, Ferdinando & Millemaci, Emanuele, 2010.
"Kaldor-Verdoorn’s law and increasing returns to scale: a comparison across developed countries,"
30941, University Library of Munich, Germany.
- Emanuele Millemaci & Ferdinando Ofria, 2012. "Kaldor-Verdoorn's Law and Increasing Returns to Scale: A Comparison Across Developed Countries," Working Papers 2012.92, Fondazione Eni Enrico Mattei.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jade Turvey).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.