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Technology Spillover through Trade and TFP Convergence: 120 Years of Evidence for the OECD Countries

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Author Info

  • Jakob B. Madsen

    (Institute of Economics, University of Copenhagen)

Abstract

Using a new dataset on imports of technology and total factor productivity (TFP) over more than a century for the OECD countries, this paper tests for international technological transmission through trade. The empirical estimates suggest that imports of knowledge have been responsible for an almost 200% increase in TFP over the past century, but that the spillover effect has been highly unevenly distributed across countries, but has contributed to TFP convergence among the OECD countries.

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File URL: http://www.econ.ku.dk/epru/files/wp/wp-05-01.pdf
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Bibliographic Info

Paper provided by Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics in its series EPRU Working Paper Series with number 05-01.

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Length: 14 pages
Date of creation: Feb 2005
Date of revision:
Handle: RePEc:kud:epruwp:05-01

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Keywords: technology spillovers; imports; TFP convergence;

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References

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  1. Wolfgang Keller, 1996. "Are International R&D Spillovers Trade-related? Analyzing Spillovers among Randomly Matched Trade Partners," International Trade 9608002, EconWPA.
  2. Baltagi, Badi H & Griffin, James M, 1984. "Short and Long Run Effects in Pooled Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(3), pages 631-45, October.
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Cited by:
  1. Daras, Tomasz & Hagemejer, Jan, 2008. "The long run-effects of the Poland's accession to the eurozone. Simulation using POLDYN - a dynamic computable general equilibrium model," MPRA Paper 15760, University Library of Munich, Germany.
  2. Ricardo Bebczuk & Lorena Garegnani, 2007. "Corporate Self-Financing and Economic Growth," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(47), pages 63-91, April - J.

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