Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273132 
Year of Publication: 
2022
Series/Report no.: 
GUT FME Working Paper Series A No. 2/2022 (68)
Publisher: 
Gdańsk University of Technology, Faculty of Management and Economics, Gdańsk
Abstract: 
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period 1996-2018. We document two distinct types of specialisation, based on exports either of natural resources or of technological products, and compare their role in productivity growth by GMM estimation of a conditional convergence model. In general, reliance on natural resource exports slows growth, but we find that the type of resources exported is important: fuel exports hamper growth while specialisation in metals enhances the catch-up in productivity. Technological specialisation, especially in products typical of the Fourth Industrial Revolution, reinforces productivity growth but does not affect the relationship between resources and productivity growth.
Subjects: 
natural resources
technological specialisation
productivity growth
convergence
JEL: 
O13
O47
O3
Q32
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.