Ideas Production in Emerging Economies
AbstractWe model ‘new ideas’ production in a panel of 17 emerging countries. Our results reveal: (i) ideas production is duplicative, (ii) externality associated with domestic knowledge stocks is of above unit factor proportionality, (iii) OECD countries raise the innovation-bar for emerging countries, (iv) there is no significant knowledge diffusion across emerging countries, and (v) growth in emerging countries appear far from a balanced growth path.
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Bibliographic InfoPaper provided by Cardiff University, Cardiff Business School, Economics Section in its series Cardiff Economics Working Papers with number E2012/6.
Length: 13 pages
Date of creation: Mar 2012
Date of revision:
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More information through EDIRC
Ideas Production; Knowledge Diffusion; Panel Co-integration;
Find related papers by JEL classification:
- C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-02 (All new papers)
- NEP-FDG-2012-05-02 (Financial Development & Growth)
- NEP-INO-2012-05-02 (Innovation)
- NEP-KNM-2012-05-02 (Knowledge Management & Knowledge Economy)
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