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Cognitive skills, innovation and technology diffusion

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  • Messinis, George
  • Ahmed, Abdullahi D.

Abstract

This article presents new international estimates of human capital for the period 1970–2003. The new latent index is used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing indicators of Barro and Lee (2010) and Hanushek and Wößmann (2009). Analysis employs cross-section and panel econometrics, extends beyond the Cobb–Douglas technology, and deals with endogeneity bias. Robust evidence confirms the significance of cognitive skills as a driver of innovation and diffusion. Although there is substantial diversity, the new human capital index has declined in many countries in Africa and the OECD.

Suggested Citation

  • Messinis, George & Ahmed, Abdullahi D., 2013. "Cognitive skills, innovation and technology diffusion," Economic Modelling, Elsevier, vol. 30(C), pages 565-578.
  • Handle: RePEc:eee:ecmode:v:30:y:2013:i:c:p:565-578
    DOI: 10.1016/j.econmod.2012.10.002
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    References listed on IDEAS

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    Cited by:

    1. Peng, Fei & Anwar, Sajid & Kang, Lili, 2017. "New technology and old institutions: An empirical analysis of the skill-biased demand for older workers in Europe," Economic Modelling, Elsevier, vol. 64(C), pages 1-19.
    2. Rockett, Katharine, 2012. "Perspectives on the knowledge-based society: An introduction to the special issue," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 6, pages 1-22.
    3. Roberta Benini, 2016. "Some key policy issues related to technology change, knowledge and absorption capacities in a country comparison perspective," Economic Change and Restructuring, Springer, vol. 49(2), pages 95-112, August.
    4. Michele Benvenuti & Luca Casolaro & Elena Gennari, 2014. "Metrics of Innovation: Measuring the Italian Gap," Politica economica, Società editrice il Mulino, issue 1, pages 5-50.
    5. Pierre-Richard Agénor & Baris Alpaslan, 2014. "Infrastructure and Industrial Development with Endogenous Skill Acquisition," Centre for Growth and Business Cycle Research Discussion Paper Series 195, Economics, The Univeristy of Manchester.
    6. Mariya Neycheva, 2015. "Impact of Secondary and Tertiary Education on Economic Growth: a Co-integration Model for Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 82-106.
    7. Collins, Tracy, 2015. "Imitation: A catalyst for innovation and endogenous growth," Economic Modelling, Elsevier, vol. 51(C), pages 299-307.
    8. Natalia Shmatko, 2013. "Graduates’ Competencies For The Innovation Labour Market," HSE Working papers WP BRP 13/STI/2013, National Research University Higher School of Economics.

    More about this item

    Keywords

    Education; Research skills; Human capital; Growth; Innovation; Diffusion;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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