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Technological flows in Slovak economy

Author

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  • Jozef Kubala

    (Department of Economic Policy, University of Economics in Bratislava)

Abstract

The author analyzes and quantifies technology flows between sectors of the Slovak economy due to foreign direct investment. The work focuses on examining spillover effects of technology transfer. We assume that the larger the foreign investment in the sector and greater industrial relationships between sectors exist, there is greater likelihood that other sectors also benefit from new technology. Scrubbing FDI from privatization transactions we are trying to estimate embodied and non-embodied spillover effects of technology transfer. As an analytical tool is selected Leontief inverse matrix augmented by a vector of foreign direct investment. The advantage of this tool is that it captures not only the direct linkages in the economy but also indirect ones.

Suggested Citation

  • Jozef Kubala, 2014. "Technological flows in Slovak economy," EAPG Working Paper Series 009, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.
    • Handle: RePEc:brt:wpaper:009
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    File URL: https://nhf.euba.sk/www_write/files/katedry/khp/eapg/wp009.pdf
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    More about this item

    Keywords

    technological flows; spillovers effects; input-output analysis; foreign direct investment;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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