The cyclical advancement of drastic technologies

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The cyclical advancement of drastic technologies

Author Info

Vaal, Albert de
Yetkiner, I. Hakan
Zon, Adriaan van (Groningen University)

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Ibrahim Hakan Yetkiner

Abstract

Recent contributions to growth theory stress the importance of localized innovation for the performance of more backward countries. In earlier papers, analyses by means of DEA techniques confirmed this intuition. In this paper, we extend this type of analysis by relaxing the macroeconomic viewpoint adopted until now. New databases on output, labor and capital input in the agricultural and manufacturing sector are developed for 40 countries. Using intertemporal DEA, it is found that changes in the global production frontier are localized at high levels of capital intensity. This result is stronger in agriculture than in manufacturing. Further, a decomposition of labor productivity growth in eight Asian countries for the period 1975-1992 into the effects of capital intensification, knowledge assimilation and innovation is made. The results suggest that there is a particular development path in which increases in capital intensity appear to be a prerequisite to benefit from international technology spillovers.

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Paper provided by University of Groningen, CCSO Centre for Economic Research in its series CCSO Working Papers with number 200217.

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Date of creation: 2002
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Handle: RePEc:dgr:rugccs:200217

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Paper
- I. Hakan Yetkiner & Albert de Vaal & Adriaan van Zon, 2003. "The Cyclical Advancement of Drastic Technologies," Working Papers FNU-21, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2003. [Downloadable!]

This paper has been announced in the following NEP Reports:

NEP-ALL-2003-03-19 (All new papers)

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