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Imperfections in International Technology Flows

Author

Listed:
  • Ilia Atanasov

    (Sofia University St. Kliment Ohridski, Faculty of Economics and Business Administration)

Abstract

The question why total factor productivity (TFP) is not equal among countries is a serious problem of the process of globalization. A simple theoretical growth model is developed in order to explain this phenomenon. The model illustrates the differences in TFP using structural characteristics and foreign investors. It also captures the connection between foreign direct investments and international technology ows by using these structural characteristics as a link between the two. This way the developed model can explain paradoxes in international transfers of capital and technologies.

Suggested Citation

  • Ilia Atanasov, 2017. "Imperfections in International Technology Flows," Bulgarian Economic Papers bep-2017-02, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria // Center for Economic Theories and Policies at Sofia University St Kliment Ohridski, revised Feb 2017.
    • Handle: RePEc:sko:wpaper:bep-2017-02
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    File URL: https://www.uni-sofia.bg/index.php/eng/content/download/169214/1192127/file/BEP-2017-02.pdf
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    More about this item

    Keywords

    FDI; growth; TFP; technology waves; Lucas Paradox;
    All these keywords.

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