Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322775 
Year of Publication: 
2008
Series/Report no.: 
Discussion Papers Series No. 08-29
Publisher: 
Utrecht University, Utrecht School of Economics, Tjalling C. Koopmans Research Institute, Utrecht
Abstract: 
The paper explores the linkages between labor productivity, innovation and technology spillovers in a panel of manufacturing industries. The roles of R&D, human capital and international trade are considered in stimulating innovation and/or facilitating technology transfer. Using panel-based unit root tests and cointegration analysis, the results indicate the existence of a single long-run equilibrium relation between labor productivity, innovation and technology transfer. Further, R&D, trade and human capital have statistically and, especially the latter, quantitatively important effects on labor productivity both directly via innovation and indirectly as they enhance technology diffusion.
Subjects: 
productivity
innovation
technology transfer
manufacturing industries
panel cointegration
Document Type: 
Working Paper

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