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International Impacts on V4 Countries: Evidence from Dynamic Panel Data Analysis

Author

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  • Paula Puškárová

    (Institute for Economics and Management, University of Economics in Bratislava, Slovak Republic)

Abstract

The aim of this article is to explore the international impacts on the Visegrad Four countries through the Total Factor Productivity (TFP). Simultaneously, we control for domestic factors of total factor productivity, namely for own research and development (R&D) productivity. The paper is organized as follows: After the Introduction, we present the empirical and theoretical grounds of the article, foremost the empirical phenomenon known as knowledge accumulation paradox. In the third section, we proceed to the model determination and data selection. The fourth section devotes to the estimation results and the fifth section covers robustness checks and provides some further discussion points. The last section brings up once again the key results of the paper.

Suggested Citation

  • Paula Puškárová, 2015. "International Impacts on V4 Countries: Evidence from Dynamic Panel Data Analysis," Economic Research Guardian, Weissberg Publishing, vol. 5(1), pages 48-60, June.
  • Handle: RePEc:wei:journl:v:5:y:2015:i:1:p:48-60
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    More about this item

    Keywords

    Patent; Technology; Productivity; V4;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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