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This paper explores the role of imports as a mechanism of transmission of international technology spillovers and its … significance for the growth of the OECD countries. For this purpose we estimate a version of the growth model proposed by Benhabib … measurement of international technology spillovers instead of using per capita GDP gap in respect to the leader country as …
Persistent link: https://www.econbiz.de/10014593086
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We review the literature on the links between technology and international trade. The older literature assumed … relationship between each one of these forms of change in technology with international trade. Apart from integrating much of the … exogenous technologies and focused on their effects on the structure of foreign trade and on welfare. Recently much of the …
Persistent link: https://www.econbiz.de/10005067514
This paper explores the role of imports as a mechanism of transmission of international technology spillovers and its … significance for the growth of the OECD countries. For this purpose we estimate a version of the growth model proposed by Benhabib … measurement of international technology spillovers instead of using per capita GDP gap in respect to the leader country as …
Persistent link: https://www.econbiz.de/10005585144
activity, an advanced export structure and a large domestic market. However, the rapid growth in world trade in this period did … uses the Schumpeterian model of innovation-diffusion as a framework for the study of "why growth rates differ" between … countries, while chapter 3 extends the analysis to include international trade - or "competitiveness" - as well. The main …
Persistent link: https://www.econbiz.de/10011108987
.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976
's investments drive earnings growth and, hence, market value of equity. Technologies develop and flourish or die out through the … to spread (or diffuse) the innovations into wider use. Hence, technology is important for the investment decisions of all … success rate of past technological investments, technology complexity, and the technology development period. We use the …
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