R&D spillovers through student flows, institutions, and economic growth: What can we learn from African countries?
AbstractUsing modern panel cointegration estimation techniques, this paper examines whether tertiary student flows can effectively transmit technological knowledge from industrialized countries to African countries. The results obtained lend strong support to this hypothesis. In addition, this paper extends the analysis to include institutional variables such as the ease of doing business, legal origins, and religious majority in order to see if institutional characteristics affect the way knowledge diffusion affecting total factor productivity. However, it is not clear that institutional differences are important factors that influence the degree of R&D spillovers and, hence, the total factor productivity of African countries.
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Bibliographic InfoPaper provided by School of Economics, University of Queensland, Australia in its series MRG Discussion Paper Series with number 4211.
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- Bruno Van Pottelsberghe & Frank Lichtenberg, 2001.
"Does foreign direct investment transfer technology across borders?,"
ULB Institutional Repository
2013/6221, ULB -- Universite Libre de Bruxelles.
- Bruno Van Pottelsberghe De La Potterie & Frank Lichtenberg, 2001. "Does Foreign Direct Investment Transfer Technology Across Borders?," The Review of Economics and Statistics, MIT Press, vol. 83(3), pages 490-497, August.
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