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

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Author Info

  • 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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  3. Wolfgang Keller, 1999. "How Trade Patterns and Technology Flows Affect Productivity Growth," NBER Working Papers 6990, National Bureau of Economic Research, Inc.
  4. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
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Citations

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Cited by:
  1. 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.
  2. 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.
  3. 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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