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Technology Diffusion, Human Capital And Economic Growth In Developing Countries

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Jörg MAYER

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Abstract

Technology Diffusion, Human Capital and Economic Growth in Developing Countries This paper (i) uses a newly constructed dataset on machinery imports from both developed and developing countries with significant domestic R&D expenditure to assess technology transfer to developing countries, and (ii) employs a cross-country, growth-accounting framework to analyse the impact of machinery imports, in association with human capital stocks, on economic growth. The findings suggest that machinery imports by developing countries have been higher over the past few years than during the 1970s and 1980s, and that such imports from technologically more advanced developing countries have gained considerably in importance. The growth-accounting results suggest that machinery imports combined with human capital stocks have a positive and statistically strongly significant impact on cross-country growth differences in the transition to the steady state. This gives support to earlier findings in the literature which suggest that the main role of human capital in economic growth is to facilitate the adoption of technology from abroad, rather than to act as an independent factor of production.

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Paper provided by United Nations Conference on Trade and Development in its series UNCTAD Discussion Papers with number 154.

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Date of creation: 2001
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Handle: RePEc:unc:dispap:154

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. María Garcia-Vega & José A. Herce, 2002. "Interdependent Growth in the EU: The Role of Trade," Economics Working Papers 011, European Network of Economic Policy Research Institutes. [Downloadable!]
    Other versions:
  2. Zeljko Bogetic & Johannes Fedderke, 2005. "Infrastructure and Growth in South Africa: Benchmarking, Productivity and Investment Needs, paper presented at Economic Society of South Africa (ESSA) Conference, Durban, 9/7-9/2005," Public Economics 0510006, EconWPA. [Downloadable!]
  3. Aurora A.C. Teixeira & Natércia Fortuna, 2006. "Human capital, trade and long-run productivity. Testing the technological absorption hypothesis for the Portuguese economy, 1960-2001," FEP Working Papers 226, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
  4. Ricardo Azevedo Araujo & Gilberto Tadeu Lima, 2008. "Investment-Specific Technological Change, Investment Sectoral Allocation and Human Capital Accumulation in a Model of Export-Led Growth," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211332520, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
  5. Grace Li Ann Yong & Kong Weng Ho, 2006. "Innovation, Imitation and Entrepreneurship," Economic Growth centre Working Paper Series 0607, Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre. [Downloadable!]
    Other versions:
  6. Wolfgang Keller, 2001. "International Technology Diffusion," NBER Working Papers 8573, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  7. Marta Simões & Adelaide Duarte, 2007. "Levels of education, growth and policy complementarities," GEMF Working Papers 2007-02, GEMF - Faculdade de Economia, Universidade de Coimbra. [Downloadable!]
  8. Valerio Crispolti & Daniela Marconi, 2005. "Technology transfer and economic growth in developing countries: an econometric analysis," Temi di discussione (Economic working papers) 564, Bank of Italy, Economic Research Department. [Downloadable!]
  9. Uwe Dulleck & Neil Foster, 2007. "Imported Equipment, Human Capital and Economic Growth in Developing Countries," NCER Working Paper Series 16, National Centre for Econometric Research. [Downloadable!]
    Other versions:
  10. Marios Zachariadis, . "International Technology Diffusion and Growth in the Manufacturing Sector of Developing Economies," Departmental Working Papers 2002-20, Department of Economics, Louisiana State University. [Downloadable!]
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