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Globalization and Technical Progress: Channels of Reciprocal Interaction A Literature Review

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  • Patricia Hofmann

Abstract

In the center of this paper there are two questions: ’Is it true that globalization is to a crucial degree dependant on technical innovation?’ and ’Can globalization be regarded as a determinant of economic growth and technical progress?’. To answer these questions the paper provides a literature review of the main theoretical and empirical approaches and tries to give a classification and systematization scheme of the manifold contributions. Especially the latter question as will be shown, reaches divers aspects of economic theory, all in search for the influences of international relations on a country’s economic performance. There seems to be no doubt that they exist but no clear answer how important i.e. strong and long-ranging they are, has been given yet - neither empirically and nor theoretically.

Suggested Citation

  • Patricia Hofmann, 2008. "Globalization and Technical Progress: Channels of Reciprocal Interaction A Literature Review," DEGIT Conference Papers c013_011, DEGIT, Dynamics, Economic Growth, and International Trade.
  • Handle: RePEc:deg:conpap:c013_011
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    More about this item

    Keywords

    drivers of international integration; technical progress; static and dynamic growth effects;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • F10 - International Economics - - Trade - - - General
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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