Arbeitspapier

Industrial Diversity, Trade Patterns and Productivity Convergence

Recent developments in economic integration show rather diverse patterns of integration into the world economy. Some countries are remaining in the low-tech industries whereas other countries succeed in becoming competitive also in high-tech industries. In this paper we postulate that positioning oneself at the lower end in the spectrum of high-tech industries is more favourable to a country's long-term development than aiming at the upper end of low-tech industries. We argue that countries which specialize in the lower end of the medium-high-tech activities are rewarded by faster productivity increases also in the upper end of the high-tech industries. In contrast, early specialization in medium-low-tech branches yields positive spillovers mainly in the low-tech sector, which is not promotive to catching-up in high-tech industries. We sketch a theoretical outline of this idea and present econometric results including four aggregate manufacturing branches and 37 countries. In the econometric analysis we also include trade and FDI variables.

Sprache
Englisch

Erschienen in
Series: wiiw Working Paper ; No. 23

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Empirical Studies of Trade
Industrialization; Manufacturing and Service Industries; Choice of Technology
Technological Change: Choices and Consequences; Diffusion Processes
One, Two, and Multisector Growth Models
Thema
trade and technology
unit root tests
patterns of catching-up

Ereignis
Geistige Schöpfung
(wer)
Stehrer, Robert
Wörz, Julia
Ereignis
Veröffentlichung
(wer)
The Vienna Institute for International Economic Studies (wiiw)
(wo)
Vienna
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stehrer, Robert
  • Wörz, Julia
  • The Vienna Institute for International Economic Studies (wiiw)

Entstanden

  • 2002

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