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Technology and Growth in OECD Countries, 1970-1990

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  • Pianta, Mario

Abstract

This paper investigates the empirical regularities and differences in the relationship between technology and growth across 20 OECD countries from 1970 to 1990. While the broad association between GDP per capita and technology indicators is confirmed, the relationships change over time and a variety of national patterns is found. Most countries have mainly relied upon one on the two 'engines of growth' offered by technology: either disembodied innovative activity (proxied by R&D intensity) or technology embodied in investment (proxied by capital formation per employee). However, with decreasing scope for catching up, growth appears stronger where it is sustained by a more balanced use of the two 'engines of growth.' (c) 1995 Academic Press, Inc. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Pianta, Mario, 1995. "Technology and Growth in OECD Countries, 1970-1990," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 175-187, February.
  • Handle: RePEc:oup:cambje:v:19:y:1995:i:1:p:175-87
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    Cited by:

    1. Fofack, Hippolyte, 2008. "Technology trap and poverty trap in Sub-Saharan Africa," Policy Research Working Paper Series 4582, The World Bank.
    2. Filippetti, Andrea & Peyrache, Antonio, 2011. "The Patterns of Technological Capabilities of Countries: A Dual Approach using Composite Indicators and Data Envelopment Analysis," World Development, Elsevier, vol. 39(7), pages 1108-1121, July.
    3. Nola Hewitt-Dundas, 2013. "The role of proximity in university-business cooperation for innovation," The Journal of Technology Transfer, Springer, vol. 38(2), pages 93-115, April.
    4. Filippetti, Andrea & Peyrache, Antonio, 2010. "The Dynamic of Technological Capabilities of Countries: A Dual Approach Using Composite Indicators & Data Envelopment Analysis," MPRA Paper 21629, University Library of Munich, Germany.
    5. Sahaym, Arvin & Nam, Daeil, 2013. "International diversification of the emerging-market enterprises: A multi-level examination," International Business Review, Elsevier, vol. 22(2), pages 421-436.
    6. Cooray, Arusha & Paradiso, Antonio & Truglia, Francesco Giovanni, 2013. "Do countries belonging to the same region suggest the same growth enhancing variables? Evidence from selected South Asian countries," Economic Modelling, Elsevier, vol. 33(C), pages 772-779.
    7. Canes-Wrone, Brandice & Park, Jee-Kwang, 2010. "Electoral Business Cycles in OECD Countries," Papers 9-12-2010a, Princeton University, Research Program in Political Economy.
    8. Hewitt-Dundas, Nola, 2012. "Research intensity and knowledge transfer activity in UK universities," Research Policy, Elsevier, vol. 41(2), pages 262-275.
    9. Archibugi, Daniele & Coco, Alberto, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," World Development, Elsevier, vol. 32(4), pages 629-654, April.
    10. Chen, Shunlong & Arun, Thankom G., 2004. "Openness, Technological Capabilities and Regional Disparities in China," Centre on Regulation and Competition (CRC) Working papers 30622, University of Manchester, Institute for Development Policy and Management (IDPM).
    11. Nam, Dae-il & Parboteeah, K. Praveen & Cullen, John B. & Johnson, Jean L., 2014. "Cross-national differences in firms undertaking innovation initiatives: An application of institutional anomie theory," Journal of International Management, Elsevier, vol. 20(2), pages 91-106.

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