Arbeitspapier
Technology trade in economic development
Recent evidence on the respective contributions of institutions and trade to income levels across countries has demonstrated that - once endogeneity is considered - institutional quality clearly dominates the effect of trade. We argue that overall trade is not the most appropriate measure for technology diffusion as a source of productivity growth and propose to focus on imports of research and development (R&D) intensive goods instead. Overall, we confirm previous findings that institutions matter most and that overall trade is not positively associated with per-capita income levels. Yet this does not hold for technology trade, as there is a positive and significant linkage between technology imports and income levels. This outcome is robust to various model specifications, including an instrumental variable approach.
- Sprache
-
Englisch
- Erschienen in
-
Series: HWWI Research Paper ; No. 2-9
- Klassifikation
-
Wirtschaft
- Thema
-
Growth
Technology Diffusion
Trade
R&D Spillovers
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Busse, Matthias
Groizard, José Luis
- Ereignis
-
Veröffentlichung
- (wer)
-
Hamburgisches WeltWirtschaftsInstitut (HWWI)
- (wo)
-
Hamburg
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Busse, Matthias
- Groizard, José Luis
- Hamburgisches WeltWirtschaftsInstitut (HWWI)
Entstanden
- 2007