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Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries

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Author Info
Nicholas Apergis
Claire Economidou ()
Ioannis Filippidis

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Abstract

The paper explores the linkages between labor productivity, innovation and technology spillovers in a panel of manufacturing industries. The roles of R&D, human capital and international trade are considered in stimulating innovation and/or facilitating technology transfer. Using panel-based unit root tests and cointegration analysis, the results indicate the existence of a single long-run equilibrium relation between labor productivity, innovation and technology transfer. Further, R&D, trade and human capital have statistically and, especially the latter, quantitatively important effects on labor productivity both directly via innovation and indirectly as they enhance technology diffusion.

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Publisher Info
Paper provided by Utrecht School of Economics in its series Working Papers with number 08-29.

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Length: 32 pages
Date of creation: Oct 2008
Date of revision:
Handle: RePEc:use:tkiwps:0829

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Related research
Keywords: productivity; innovation; technology transfer; manufacturing industries; panel cointegration.;

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Find related papers by JEL classification:
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General

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