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Productivity Growth, Convergence, and Trade in a Panel of Manufacturing Industries

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Author Info

  • G Cameron
  • J Proudman
  • Stephen Redding

Abstract

This paper analyses the determinants of productivity growth in a panel of UK manufacturing industries. Two potential sources of productivity growth are identified: domestic innovation and technology transfer from a frontier economy. We examine the roles played by R & D expenditure and international trade in explaining each source of productivity growth. R & D expenditure is found to raise the domestic rate of innovation, while international trade facilitates the transfer of technologies to the non-frontier economy.

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Bibliographic Info

Paper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0428.

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Date of creation: Jun 1999
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Handle: RePEc:cep:cepdps:dp0428

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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP

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Cited by:
  1. Gavin Cameron, 2000. "The Sun Also Rises: Productivity Convergence Between Japan and the USA," Economics Series Working Papers 45, University of Oxford, Department of Economics.
  2. Gavin Cameron, 2000. "R and D and Growth at the Industry Level," Economics Series Working Papers 2000-W04, University of Oxford, Department of Economics.
  3. Cameron, G., 1999. "Why did UK Manufacturing Productivity Growth Slow Down in the 1970s and Speed Up in the 1980s?," Economics Papers 9924, Economics Group, Nuffield College, University of Oxford.

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