Absorptive Capacity and Frontier Technology: Evidence from OECD Manufacturing Industries
AbstractThis paper investigates whether differences in absorptive capacity help to explain cross-country differences in the level of productivity. We utilise stochastic frontier analysis to investigate two potential sources of this inefficiency: differences in human capital and R&D for nine industries in twelve OECD countries over the period 1973-92. We find that inefficiency in production does indeed exist and it depends upon the level of human capital of the country’s workforce. Evidence that the amount of R&D an industry undertakes is also important is less robust.
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Bibliographic InfoPaper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 202.
Date of creation: Oct 2002
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Other versions of this item:
- Stevens, Phillip Andrew & Richard Kneller, 2003. "Absorptive Capacity and Frontier Technology: Evidence from OECD Manufacturing Industries," Royal Economic Society Annual Conference 2003 193, Royal Economic Society.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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- Michiel Van Dijk & Adam Szirmai, 2005. "Catch Up at the Micro-Level: Evidence from an Industry Case Study Using Manufacturing Census Data," DEGIT Conference Papers c010_038, DEGIT, Dynamics, Economic Growth, and International Trade.
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