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Title:International business visits and the technology frontier PDF Logo
Authors:Dowrick, Steve
Tani, Massimiliano
Issue Date:2008
Series/Report no.:IZA Discussion Papers 3417
Abstract:This paper studies the impact of international business trips on the stock of knowledge available to an economy. It develops a theoretical model to analyse the possible effects, and presents an empirical application using productivity data for a panel of twelve Australian industries during 1991/2-2005/6. Business trips emerge as a significant source of productivity growth. As the knowledge transferred through business visits is non-rival, both countries of origin and destination can gain from the human capital of travellers. As a result, even countries traditionally disadvantaged by geography, size, or level of economic development have the opportunity to access the latest technology and information to stimulate growth.
Subjects:International labour movements
face-to-face meetings
business trips
growth
productivity
JEL:F2
Persistent Identifier of the first edition:urn:nbn:de:101:1-2008040129
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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