Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/48181 
Erscheinungsjahr: 
2007
Schriftenreihe/Nr.: 
HWWI Research Paper No. 2-9
Verlag: 
Hamburgisches WeltWirtschaftsInstitut (HWWI), Hamburg
Zusammenfassung: 
Recent evidence on the respective contributions of institutions and trade to income levels across countries has demonstrated that - once endogeneity is considered - institutional quality clearly dominates the effect of trade. We argue that overall trade is not the most appropriate measure for technology diffusion as a source of productivity growth and propose to focus on imports of research and development (R&D) intensive goods instead. Overall, we confirm previous findings that institutions matter most and that overall trade is not positively associated with per-capita income levels. Yet this does not hold for technology trade, as there is a positive and significant linkage between technology imports and income levels. This outcome is robust to various model specifications, including an instrumental variable approach.
Schlagwörter: 
Growth
Technology Diffusion
Trade
R&D Spillovers
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
268.82 kB





Publikationen in EconStor sind urheberrechtlich geschützt.