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On the relations between technological opportunity, specialization and growth

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  • Ana Urraca Ruiz
  • C. Frederico Rocha

Abstract

This paper aims to discuss the role of technological specialization in economic growth. Economic literature has stressed that there are theoretical reasons and empirical results to associate trade specialization in high-tech products with growth. There are also theoretical reasons to associate technological specialization in dynamic technological opportunity fields („correct specialization?) with rhythms of technological advance, which is not usually confirmed by empirical studies. Using data from 1985 to 2005 for 38 countries, this paper shows that there is no evidence to confirm that a certain technological specialization implies technical change irreversibility. The paper also confirms the contribution of „correct technological? specialization to growth.

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Bibliographic Info

Paper provided by Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto in its series Working Papers with number 13-2011.

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Date of creation: 2011
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Handle: RePEc:fea:wpaper:13-2011

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Related research

Keywords: especialização tecnológica; especialização industrial; oportunidade tecnológica; crescimento; mudança estrutural.;

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  1. Fagerberg, Jan & Srholec, Martin & Knell, Mark, 2007. "The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind," World Development, Elsevier, vol. 35(10), pages 1595-1620, October.
  2. Nicolas van Zeebroeck & Bruno Van Pottelsberghe & Wook Han, 2006. "Issues in measuring the degree of technological specialisation with patent data," ULB Institutional Repository 2013/6199, ULB -- Universite Libre de Bruxelles.
  3. Montobbio Fabio & Rampa Francesco, 2002. "The impact of technology and structural change on export performance on nine developing coutries," Economics and Quantitative Methods qf0219, Department of Economics, University of Insubria.
  4. Brusoni, Stefano & Geuna, Aldo, 2003. "An international comparison of sectoral knowledge bases: persistence and integration in the pharmaceutical industry," Research Policy, Elsevier, vol. 32(10), pages 1897-1912, December.
  5. Meliciani, Valentina, 2002. "The impact of technological specialisation on national performance in a balance-of-payments-constrained growth model," Structural Change and Economic Dynamics, Elsevier, vol. 13(1), pages 101-118, March.
  6. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-74, June.
  7. Archibugi, Daniele & Coco, Alberto, 2005. "Measuring technological capabilities at the country level: A survey and a menu for choice," Research Policy, Elsevier, vol. 34(2), pages 175-194, March.
  8. Fagerberg, Jan, 1988. "International Competitiveness: Errata," Economic Journal, Royal Economic Society, vol. 98(393), pages 1203, December.
  9. Anthony P. Thirlwall, 2011. "The Balance of Payments Constraint as an Explanation of International Growth Rate Differences," PSL Quarterly Review, Economia civile, vol. 64(259), pages 429-438.
  10. Hsin-Ting Huang & Marcela Miozzo, 2004. "Patterns of technological specialisation in Latin American and East Asian countries: an analysis of patents and trade flows," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(7), pages 615-653.
  11. Pari Patel & Keith Pavitt, 1991. "Large Firms in the Production of the World’s Technology: An Important Case of “Non-Globalisation”," Journal of International Business Studies, Palgrave Macmillan, vol. 22(1), pages 1-21, March.
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