leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

, all countries will grow at the same rate, with each country's productivity ranking determined by how rapidly it adopts …, productivity, and research. We fit the model to data from the five leading research economies. The parameters indicate how much … innovation at home. For example, about half of U.S. productivity growth derives from foreign technology yet U.S. investors earn …

Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …

countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …

revolution began, however, several decades passed before measured productivity growth increased. This delay is paradoxical from …

productivity. We investigate these phenomena further by examining the relationship between plant-level productivity and firm …-level R&D. We find that (1) the productivity-enhancing effects of parent firm R&D are diminished by geographic distance from … the research lab and `technological' distance between the product-field focus of the R&D and the plants; (2) productivity …

&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity … between R&D expenditures and growth of output or total factor productivity. The relation is pervasive, though the magnitudes …, there is evidence that R&D as a factor of production affects not only productivity growth but also the demand for …