Technology, Resource Endowments and International Competitiveness
AbstractThe paper evaluates the impact of technology together with resource endowments and economies of scale on international competitiveness in OECD countries. Knowledge capital stocks are obtained by cumulating R&D expenditure. Results show that competitiveness is determined not only by the R&D activity of the representative firm, but also by the size of domestic industry as well as economy wide stocks of knowledge, indicating the presence of local externalities. Further results point to the importance of economies of scale in R&D internal to the firm and of investment for introduction of embodied technical progress. Finally, the R&D impact differs between high- and low-tech industries as well as among countries.
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Bibliographic InfoPaper provided by Trade Union Institute for Economic Research in its series Working Paper Series with number 138.
Length: 30 pages
Date of creation: 15 Sep 1996
Date of revision:
Publication status: Published in European Economic Review, 1999, pages 1501-1530.
international competitiveness; technology gap; knowledge stock; R&D; disembodied and embodied technical change;
Other versions of this item:
- Gustavsson, Patrik & Hansson, Par & Lundberg, Lars, 1999. "Technology, resource endowments and international competitiveness," European Economic Review, Elsevier, vol. 43(8), pages 1501-1530, August.
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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