External sources of techonological innovation in Chilean manufacturating industry
There are several arguments in the literature regarding that more open economies would grow faster in the long term. Nevertheless, the channels through which openness increases growth have not been clearly identified in empirical analysis. In this article, we study if outward orientation variables have a positive impact on technological innovation, which is one of the most important sources of productivity growth. Using microeconomic data for Chilean manufacturing industry, we identify the effect of three main mechanisms of technological absorption: exports, direct foreign investment and purchase of foreign technical licenses. The results suggest that exports increase significantly technological innovation. In addition, we found causality in both ways. Technological innovation increases the probability of exporting. The other two channels; direct foreign investment and technical licenses, would be less important, because they only affect a reduced number of technological innovation indicators.
Volume (Year): 28 (2001)
Issue (Month): 1 Year 2001 (June)
|Contact details of provider:|| Web page: http://www.econ.uchile.cl/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Braga, Helson & Willmore, Larry, 1991. "Technological Imports and Technological Effort: An Analysis of Their Determinants in Brazilian Firms," Journal of Industrial Economics, Wiley Blackwell, vol. 39(4), pages 421-32, June.
- Jeffrey D. Sachs & Andrew Warner, 1995.
"Economic Reform and the Process of Global Integration,"
Brookings Papers on Economic Activity,
Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
- Jeffrey Sachs & Andrew Warner, 1995. "Economic Reform and the Progress of Global Integration," Harvard Institute of Economic Research Working Papers 1733, Harvard - Institute of Economic Research.
- repec:tpr:qjecon:v:108:y:1993:i:3:p:653-79 is not listed on IDEAS
- Roberto Alvarez & Raymond Robertson, 2004. "Exposure to foreign markets and plant-level innovation: evidence from Chile and Mexico," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 13(1), pages 57-87.
- Jose De Gregorio, 1991.
"Economic Growth in Latin America,"
IMF Working Papers
91/71, International Monetary Fund.
- Roberts, Mark J & Tybout, James R, 1997. "The Decision to Export in Colombia: An Empirical Model of Entry with Sunk Costs," American Economic Review, American Economic Association, vol. 87(4), pages 545-64, September.
- Edwards, Sebastian, 1992.
"Trade orientation, distortions and growth in developing countries,"
Journal of Development Economics,
Elsevier, vol. 39(1), pages 31-57, July.
- Sebastian Edwards, 1991. "Trade Orientation, Distortions and Growth in Developing Countries," NBER Working Papers 3716, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:udc:esteco:v:28:y:2001:i:1:p:53-68. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Verónica Kunze)
If references are entirely missing, you can add them using this form.