R&D and manufacturing production specialisation in developed economies
Abstract: A study of the relation between technology and manufacturing production specialisation in a series of developed economies is performed by means of models relating indicators of revealed symmetric comparative advantage of value added and exports to similar measures of comparative performance of R&D expenditure, capital intensity, total factor productivity and wage costs. The production and R&D specialisation are shown to be substantial and sticky. This contrasts with the evidence of a substantial degree of convergence in the patterns of the other variables. Regression estimates show that, although all variables play their part, the impact of comparative R&D efforts on production specialisation is by far the strongest. This impact is found to be stronger in the smaller economies and it is especially important in research intensive industries. The influence of comparative wages is, moreover, found to be positive here, suggesting the dominance of a labour skill and efficiency wage effe
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource
- Sprache
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Englisch
- Anmerkungen
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Postprint
begutachtet (peer reviewed)
In: Applied Economics ; 40 (2008) 23 ; 3009-3027
- Klassifikation
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Wirtschaft
- Ereignis
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Veröffentlichung
- (wo)
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Mannheim
- (wann)
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2008
- Urheber
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Frantzen, Dirk Jozef
- DOI
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10.1080/00036840600994013
- URN
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urn:nbn:de:0168-ssoar-243162
- Rechteinformation
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
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25.03.2025, 13:57 MEZ
Datenpartner
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Beteiligte
- Frantzen, Dirk Jozef
Entstanden
- 2008
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