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Technology Clubs and Growth Patterns: Evidence from EU Manufacturing

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Author Info
Jaap W. B. Bos ()
Claire Economidou ()
Michael Koetter ()

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Abstract

This paper investigates the forces driving output change in a panel of EU manufacturing industries. A flexible modeling strategy is adopted that accounts for (i) inefficient use of resources, and (ii) differences in the production technology across industries. With our model we are able to identify technical, efficiency, and input growth for endogenously determined technology clubs. Both the technology clubs and the parameters within each club are modeled as a function of R&D intensity. This framework allows us to explore the components of output growth in each club, potential technology spillovers and catch-up issues across industries and countries.

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Publisher Info
Paper provided by Utrecht School of Economics in its series Working Papers with number 08-03.

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Length: 24 pages
Date of creation: Jan 2008
Date of revision:
Handle: RePEc:use:tkiwps:0803

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Related research
Keywords: growth; efficiency; R&D; stochastic frontier analysis; latent class;

Find related papers by JEL classification:
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data
L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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This page was last updated on 2009-11-23.

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