Working Paper 11-08 - Determinants of innovation in a small open economy: the case of Belgium

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Working Paper 11-08 - Determinants of innovation in a small open economy: the case of Belgium

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Bernadette Biatour
Chantal Kegels

Abstract

Using dynamic panel data on 20 Belgian market sectors over 1987-2005, the paper analyses the link between Multifactor Productivity (MFP) growth and three frequently cited determinants: business R&D, labour skills and ICT use. The theoretical framework of the analysis is given by the Aghion-Howitt model which explains the rate of MFP growth by the distance to the world technology frontier.

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Paper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 0811.

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Date of creation: 30 Jun 2008
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Handle: RePEc:fpb:wpaper:0811

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Find related papers by JEL classification:
I20 - Health, Education, and Welfare - - Education - - - General
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

This paper has been announced in the following NEP Reports:

NEP-ALL-2008-07-20 (All new papers)
NEP-EEC-2008-07-20 (European Economics)
NEP-KNM-2008-07-20 (Knowledge Management & Knowledge Economy)
NEP-TID-2008-07-20 (Technology & Industrial Dynamics)

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