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Does knowledge spill over across borders and technology regimes?

Author

Listed:
  • Jaap W. B. Bos

    () (Maastricht University School of Business and Economics)

  • Bertrand Candelon

    () (IPAG Business School)

  • Claire Economidou

    () (University of Piraeus)

Abstract

Abstract This paper investigates whether technology spills over across national borders and technology regimes. We advocate a modeling strategy where improvements in technical efficiency capture technology spillovers as industries absorb and implement the best-practice technology. Dynamic panel-based techniques are used to determine whether efficiency series move together in the long run (cointegrate) and/or move closer together over time (converge). We control for technological heterogeneity and for cross-sectional dependence in the data. For a panel of manufacturing industries in six EU countries, we find evidence of technology spillovers and convergence among industries’ efficiency levels across countries and mainly across adjacent technology regimes.

Suggested Citation

  • Jaap W. B. Bos & Bertrand Candelon & Claire Economidou, 2016. "Does knowledge spill over across borders and technology regimes?," Journal of Productivity Analysis, Springer, vol. 46(1), pages 63-82, August.
  • Handle: RePEc:kap:jproda:v:46:y:2016:i:1:d:10.1007_s11123-016-0472-4
    DOI: 10.1007/s11123-016-0472-4
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    Keywords

    Technology spillovers; Efficiency; Panel cointegration; Convergence; Manufacturing industries;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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