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The aim of our paper is to empirically estimate the direction and magnitude of technological spillovers from FDI using a plant level dataset of Romanian firms for the period 1999-2007. We use the Levinsohn Petrin (2003) methodology in order to estimate total factor productivity and compute...
Persistent link: https://www.econbiz.de/10010821400
In this paper, we present international comparisons of potential output growth among several economies -Canada, the … growth has been faster in the United States than in other studied countries, reflecting a combination of higher labour … contribution and faster TFP growth. Overall, this paper might help to shed some light on cross-country differences in economic …
Persistent link: https://www.econbiz.de/10010739141
Capital (physical and human) doesn't flow from rich to poor countries. We show that in order to solve these twin paradoxes, assumption of externality of physical capital is better than assumption of externality of human capital.
Persistent link: https://www.econbiz.de/10010898504
The article investigates the effects of the agglomeration of technological activities on the growth in regional … the effect of geographic proximity on knowledge externalities and their impact on regional growth. Our analysis leads to … growth. The empirical analysis based on a large sample of European regions from 1996 to 2003 supports the hypothesis that …
Persistent link: https://www.econbiz.de/10011025793
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a...
Persistent link: https://www.econbiz.de/10010750459
growth in developing countries. Our results also reveal that the impact of infrastructure and ICT varies among the industries …, which could play a leading role in the competitiveness and the industrial growth of the Indian economy. …
Persistent link: https://www.econbiz.de/10009644165
Technological change is far from neutral. The empirical analysis of the rate and direction of technological change in a significant sample of 12 major OECD countries in the years 1970-2003 confirms the strong bias of new technologies. The paper implements a novel methodology to identify and...
Persistent link: https://www.econbiz.de/10010569148
productivity from 1993 to 2001, and that productivity growth was mostly attributed to technical progress, rather than to … growth in China. Empirical results show that, during this period, financial development has significantly contributed to … China's productivity growth, mainly through its favourable effect on efficiency. …
Persistent link: https://www.econbiz.de/10008836793
through which technology is transferred. To answer these questions, we consider the Schumpeterian growth model proposed by …
Persistent link: https://www.econbiz.de/10010632949
We use a firm production function approach to generate estimates of total factor productivity (TFP) and labor productivity in the manufacturing sector for a group of Latin American countries. We exploit these estimates to study the relative position of countries within this sector and to explore...
Persistent link: https://www.econbiz.de/10010635010