Trade-Induced Technology Spillover And Adoption: A Quantitative General Equilibrium Application
AbstractThis paper investigates the impact of a 4% Hicks-neutral technical progress in heavy manufacturing in the United States and its trans-border spillover via intermediates. A three-region, six-traded-commodity computable general equilibrium model is numerically simulated to show that differentials in regional productivity improvements depend on their absorptive capacity and structural similarity. This determines the extent of technology capture. The model results show that the productivity improvement and transmission result in productivity growth in sectors intensively using heavy manufacturing. Returns to skilled labour depend on technology spillover and capture parameter. The results have implications for the role of human capital in assimilating advanced technology.
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Bibliographic InfoArticle provided by Chung-Ang Unviersity, Department of Economics in its journal Journal Of Economic Development.
Volume (Year): 27 (2002)
Issue (Month): 2 (December)
Absorptive Capacity; Structural Similarity; Capture Parameter; Trade; Technology;
Find related papers by JEL classification:
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wolfgang Keller, 1996.
"Trade and the Transmission of Technology,"
Development and Comp Systems
- Wolfgang Keller, 1997. "Trade and Transmission of Technology," NBER Working Papers 6113, National Bureau of Economic Research, Inc.
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- Jorg Mayer & Adrian Wood, 2001. "South Asia's Export Structure in a Comparative Perspective," Oxford Development Studies, Taylor & Francis Journals, vol. 29(1), pages 5-29.
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