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International technology diffusion through imports and its impact on economic growth

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Author Info
Jorge Crespo
Carmela Martin
Francisco Javier Velázquez

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Abstract

This paper provides new evidence on the importance of international technology spillovers channelled by imports and its impact on economic TFP growth of the OECD countries. For this purpose we estimate a version of the growth model with endogenous technological change used in Benhabib and Spiegel (1994), which includes some modifications in order to capture the differences in the degree of success that countries have in benefiting from foreign technology spillovers. Our results suggest that domestic R&D and human capital stocks are critical for successful technology diffusion from abroad.

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Paper provided by European Economy Group in its series European Economy Group Working Papers with number 12.

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Length: 27 pages
Date of creation: 2002
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Handle: RePEc:eeg:euroeg:12

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  6. Wolfgang Keller, 2000. "Geographic Localization of International Technology Diffusion," NBER Working Papers 7509, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  7. Carmela Martin & Francisco J. Velazquez., 2001. "An Assessment of Real Convergence of Less Developed EU Members: Lessons for the CEEC Candidates," European Economy Group Working Papers 5, European Economy Group. [Downloadable!]
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Guisan, Maria-Carmen & Exposito, Pilar, 2004. "The Impact of Industry and Foreign Trade on Economic Growth in China. An Inter-Sectoral Econometric Model, 1976-2002," Economic Development 76, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics.. [Downloadable!]
  2. Sourafel Girma, 2003. "Absorptive capacity and productivity spillovers From FDI: a threshold regression analysis," European Economy Group Working Papers 25, European Economy Group. [Downloadable!]
    Other versions:
  3. Jorge Crespo & Francisco Javier Velázquez, 2003. "Multinationals and diffrsion of technology Between developed countries," European Economy Group Working Papers 26, European Economy Group. [Downloadable!]
  4. David Greenaway & Neil Foster & Rod Falvey, 2002. "North-South Trade, Knowledge Spillovers and Growth," European Economy Group Working Papers 15, European Economy Group. [Downloadable!]
  5. Jaime Turrion & Carmela Martin, 2003. "Eastern Enlargement of the European Union and Foreign Direct Investment Adjustments," European Economy Group Working Papers 24, European Economy Group. [Downloadable!]
  6. Jose L. Groizard, 2003. "Technology Trade, Productivity and Growth," DEA Working Papers 4, Universitat de les Illes Balears, Departament d'Economía Aplicada. [Downloadable!]
  7. Brita Bye, Taran Fæhn, and Leo A. Grünfeld, 2008. "Growth policy in a small, open economy. Domestic innovation and learning from abroad," Discussion Papers 572, Research Department of Statistics Norway. [Downloadable!]
  8. Fabien Rondeau (CREM - CNRS), 2006. "Pattern of trade and European economic integration : an unexpected relation," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 200614, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS. [Downloadable!]
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