Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35154
Authors: 
Dowrick, Steve
Tani, Massimiliano
Year of Publication: 
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: 
Document Type: 
Working Paper

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