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The objective of this paper is to contribute to the development of an evidence-based system to monitor progress towards the European Research Area (ERA) and a knowledge-based economy. We start with an overview of existing theory and empirical evidence on the role of international technology...
Persistent link: https://www.econbiz.de/10003898728
This paper examines the impact on TFP in Latin America and the Caribbean (LAC) and in other developing countries (DEV) of trade-related foreign R&D (NRD), education and governance. The measures of NRD are constructed based on industry-specific R&D in the North, North-South trade patterns, and...
Persistent link: https://www.econbiz.de/10003965601
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits...
Persistent link: https://www.econbiz.de/10012755573
This study moves along the recent research path started by Coe and Helpman (1995) which aims at unraveling the mechanics of spillovers in the economic growth of nations. Unlike many previous studies, which are mainly cross-sectional, our analysis focuses on the experience of Italy. The...
Persistent link: https://www.econbiz.de/10014204831
This paper examines the relative contribution of openness and the R content of trade to TFP growth for North-South trade-related technology diffusion. The measure of foreign R used in the literature on trade-related technology diffusion imposes identical contributions of openness and the R...
Persistent link: https://www.econbiz.de/10013325305
U.S. foreign trade has grown much more rapidly than GDP in recent decades. But there is no consensus as to why. More than half of U.S. foreign trade consists of arms-length and intra-firm trade activity by multinational corporations (MNCs). Thus, in order to better understand the growth of...
Persistent link: https://www.econbiz.de/10014031300
This working paper draws on historical and contemporary data on tariffs, non tariff barriers, and transportation costs (for the United States and its major trading partners) to estimate the role of policy liberalization in US merchandise trade growth over the period 1980 to 2006. Both partial...
Persistent link: https://www.econbiz.de/10013152771
The European Union (EU) is one of the most successful integration arrangements in the world. However, the disintegration in Europe through Brexit is puzzling. This article aims to clarify this dilemma by addressing the following questions: Was the former French President, de Gaulle, right that...
Persistent link: https://www.econbiz.de/10012198397
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108