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International technology spillovers from trade: the importance of the technological gap

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  • Jorge Crespo

    (Universidad Complutense de Madrid)

  • Carmela Martín

    (Universidad Complutense de Madrid)

  • Francisco J. Velázquez

    (Universidad Complutense de Madrid)

Abstract

This paper analyses two significant and to date open issues regarding the role of trade as a channel for international technology spillovers. The first refers to its relative impact on growth in comparison to that of own R&D spending. The second has to do with the importance of the technological gap to take advantage of foreign technology. For this purpose we estimate a version of the growth model proposed by Benhabib and Spiegel (1994), which includes some modifications to better capture the technology diffusion process. Our results first suggest that domestic R&D and human capital stocks are critical for foreign technology adoption. Secondly, they indicate that richer countries are more successful in taking advantage of international technology spillovers. (Copyright: Fundación SEPI)

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Bibliographic Info

Article provided by Fundación SEPI in its journal Investigaciones Económicas.

Volume (Year): 28 (2004)
Issue (Month): 3 (September)
Pages: 515-533

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Handle: RePEc:iec:inveco:v:28:y:2004:i:3:p:515-533

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Related research

Keywords: Technology diffusion; trade; growth.;

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References

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Cited by:
  1. Richard Perkins & Eric Neumayer, 2009. "How do domestic attributes affect international spillovers of CO2-efficiency?," Grantham Research Institute on Climate Change and the Environment Working Papers 8, Grantham Research Institute on Climate Change and the Environment.
  2. Leger, Andreanne, 2006. "Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25328, International Association of Agricultural Economists.
  3. Hübler, Michael & Baumstark, Lavinia & Leimbach, Marian & Edenhofer, Ottmar & Bauer, Nico, 2012. "An integrated assessment model with endogenous growth," ZEW Discussion Papers 12-054, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  4. Richard Perkins & Eric Neumayer, 2012. "Do recipient country characteristics affect international spillovers of CO 2-efficiency via trade and foreign direct investment?," Climatic Change, Springer, vol. 112(2), pages 469-491, May.

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