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Dynamic technological specialization, aggregated convergence and growth

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  • Ana Urraca-Ruiz

    () (Universidade Federal Fluminense)

  • Nuria Esther Laguna-Molina

    () (Universidad Carlos III de Madrid)

Abstract

Abstract This paper focuses on the contribution of dynamic technological specialization to aggregated growth and convergence. Certain theoretical approaches (Structuralism) maintain the view that being specialized in ‘correct’ technologies helps to achieve: i) sustainable rhythms of long-run growth; ii) accelerated catching up and higher rhythms of convergence in delayed countries. Using an endogenous growth model for a 23 countries sample between 1980 and 2010, the work contrasts those hypotheses by using static and dynamic approaches for technological specialization in comparison to other technological variables. Empirical results do not confirm that any ‘good’ specialization matters to growth and convergence at an aggregated level, neither under static nor dynamic approaches. The key elements to aggregated convergence and growth are more linked to spillovers of technological diffusion and to country-specificities (technological capabilities and capacities, domestic technical efforts, national innovation systems, industrial innovation processes, etc.) as it is pointed out by catching-up theories.

Suggested Citation

  • Ana Urraca-Ruiz & Nuria Esther Laguna-Molina, 2016. "Dynamic technological specialization, aggregated convergence and growth," International Economics and Economic Policy, Springer, vol. 13(2), pages 195-221, April.
  • Handle: RePEc:kap:iecepo:v:13:y:2016:i:2:d:10.1007_s10368-014-0297-4
    DOI: 10.1007/s10368-014-0297-4
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    References listed on IDEAS

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    1. repec:spr:scient:v:116:y:2018:i:3:d:10.1007_s11192-018-2799-2 is not listed on IDEAS

    More about this item

    Keywords

    Technological specialization; Technological diffusion; Catching-up; Growth; Aggregated convergence; Open markets;

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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