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International technology diffusion through imports and its impact on economic growth

  • Jorge Crespo
  • Carmela Martin
  • Francisco Javier Velázquez

This paper provides new evidence on the importance of international technology spillovers channelled by imports and its impact on economic TFP growth of the OECD countries. For this purpose we estimate a version of the growth model with endogenous technological change used in Benhabib and Spiegel (1994), which includes some modifications in order to capture the differences in the degree of success that countries have in benefiting from foreign technology spillovers. Our results suggest that domestic R&D and human capital stocks are critical for successful technology diffusion from abroad.

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File URL: http://www.ucm.es/info/econeuro/documentos/documentos/dt122002.pdf
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Paper provided by European Economy Group in its series European Economy Group Working Papers with number 12.

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Length: 27 pages
Date of creation: 2002
Date of revision:
Handle: RePEc:eeg:euroeg:12
Contact details of provider: Postal: Despacho 104.Pabelloon de Segundo, Facultad de Economicas. Universidad Complutense de Madrid. 28223 Pozuelo de Alarcon, Madrid
Phone: 0034913942454
Fax: 0034913942457
Web page: http://www.ucm.es/info/econeuro
Email:


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Order Information: Postal: Despacho 104.Pabelloon de Segundo, Facultad de Economicas. Universidad Complutense de Madrid. 28223 Pozuelo de Alarcon, Madrid
Web: http://www.ucm.es/info/econeuro Email:


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