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International technology spillovers from trade: the importance of the technological gap

Author

Listed:
  • Jorge Crespo

    (Universidad Complutense de Madrid)

  • Carmela Martín

    (Universidad Complutense de Madrid)

  • Francisco J. Velázquez

    (Universidad Complutense de Madrid)

Abstract

This paper analyses two significant and to date open issues regarding the role of trade as a channel for international technology spillovers. The first refers to its relative impact on growth in comparison to that of own R&D spending. The second has to do with the importance of the technological gap to take advantage of foreign technology. For this purpose we estimate a version of the growth model proposed by Benhabib and Spiegel (1994), which includes some modifications to better capture the technology diffusion process. Our results first suggest that domestic R&D and human capital stocks are critical for foreign technology adoption. Secondly, they indicate that richer countries are more successful in taking advantage of international technology spillovers. (Copyright: Fundación SEPI)

Suggested Citation

  • Jorge Crespo & Carmela Martín & Francisco J. Velázquez, 2004. "International technology spillovers from trade: the importance of the technological gap," Investigaciones Economicas, Fundación SEPI, vol. 28(3), pages 515-533, September.
    • Handle: RePEc:iec:inveco:v:28:y:2004:i:3:p:515-533
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    References listed on IDEAS

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    Cited by:

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    2. López-Pueyo, Carmen & Barcenilla-Visús, Sara & Sanaú, Jaime, 2008. "International R&D spillovers and manufacturing productivity: A panel data analysis," Structural Change and Economic Dynamics, Elsevier, vol. 19(2), pages 152-172, June.
    3. Richard Perkins & Eric Neumayer, 2009. "How do domestic attributes affect international spillovers of CO2-efficiency?," GRI Working Papers 8, Grantham Research Institute on Climate Change and the Environment.
    4. Léger, Andréanne, 2006. "Intellectual Property Rights and Innovation in Developing Countries: Evidence from Panel Data," Proceedings of the German Development Economics Conference, Berlin 2006 17, Verein für Socialpolitik, Research Committee Development Economics.
    5. Hübler, Michael & Lontzek, Thomas S., 2009. "The optimal transfer of capital and embodied technologies to developing countries," Kiel Working Papers 1478, Kiel Institute for the World Economy (IfW Kiel).
    6. Yingzhu Yang & Qunhao Wang & Yang Gao & Lexiang Zhao, 2022. "Does Environmental Regulation Promote the Upgrade of the Export Technology Structure: Evidence from China," Sustainability, MDPI, vol. 14(16), pages 1-13, August.
    7. Richard Perkins & Eric Neumayer, 2012. "Do recipient country characteristics affect international spillovers of CO 2 -efficiency via trade and foreign direct investment?," Climatic Change, Springer, vol. 112(2), pages 469-491, May.
    8. Hübler, Michael & Baumstark, Lavinia & Leimbach, Marian & Edenhofer, Ottmar & Bauer, Nico, 2012. "An integrated assessment model with endogenous growth," Ecological Economics, Elsevier, vol. 83(C), pages 118-131.

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    More about this item

    Keywords

    Technology diffusion; trade; growth.;
    All these keywords.

    JEL classification:

    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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