International technology adoption, R&D, and productivity growth

International knowledge diffusion is considered an important source of productivity growth. However, direct observations on such diffusion have not been available at the macro level. We analyze novel data on international technology trade. Our empirical analyses indicate a positive association betwe...

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Autores:
Tipo de recurso:
Fecha de publicación:
2013
Institución:
Universidad Tecnológica de Bolívar
Repositorio:
Repositorio Institucional UTB
Idioma:
eng
OAI Identifier:
oai:repositorio.utb.edu.co:20.500.12585/9082
Acceso en línea:
https://hdl.handle.net/20.500.12585/9082
Palabra clave:
R&D
Technology adoption
Technology trade
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restrictedAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
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dc.title.none.fl_str_mv International technology adoption, R&D, and productivity growth
title International technology adoption, R&D, and productivity growth
spellingShingle International technology adoption, R&D, and productivity growth
R&D
Technology adoption
Technology trade
title_short International technology adoption, R&D, and productivity growth
title_full International technology adoption, R&D, and productivity growth
title_fullStr International technology adoption, R&D, and productivity growth
title_full_unstemmed International technology adoption, R&D, and productivity growth
title_sort International technology adoption, R&D, and productivity growth
dc.subject.keywords.none.fl_str_mv R&D
Technology adoption
Technology trade
topic R&D
Technology adoption
Technology trade
description International knowledge diffusion is considered an important source of productivity growth. However, direct observations on such diffusion have not been available at the macro level. We analyze novel data on international technology trade. Our empirical analyses indicate a positive association between payments for international technology adoption and the growth of labor productivity. Those payments appear to be a stronger contributor than research and development (R&D) investments for a large group of economies. For economies with high productivity, technology adoption payments tend to be complementary to R&D investments. © 2013 by Walter de Gruyter Berlin Boston.
publishDate 2013
dc.date.issued.none.fl_str_mv 2013
dc.date.accessioned.none.fl_str_mv 2020-03-26T16:32:54Z
dc.date.available.none.fl_str_mv 2020-03-26T16:32:54Z
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dc.type.spa.none.fl_str_mv Artículo
status_str publishedVersion
dc.identifier.citation.none.fl_str_mv B.E. Journal of Macroeconomics; Vol. 13, Núm. 1; pp. 331-354
dc.identifier.issn.none.fl_str_mv 19351690
dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/20.500.12585/9082
dc.identifier.doi.none.fl_str_mv 10.1515/bejm-2012-0035
dc.identifier.instname.none.fl_str_mv Universidad Tecnológica de Bolívar
dc.identifier.reponame.none.fl_str_mv Repositorio UTB
dc.identifier.orcid.none.fl_str_mv 35767458900
56377459100
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identifier_str_mv B.E. Journal of Macroeconomics; Vol. 13, Núm. 1; pp. 331-354
19351690
10.1515/bejm-2012-0035
Universidad Tecnológica de Bolívar
Repositorio UTB
35767458900
56377459100
56377086900
url https://hdl.handle.net/20.500.12585/9082
dc.language.iso.none.fl_str_mv eng
language eng
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dc.rights.cc.none.fl_str_mv Atribución-NoComercial 4.0 Internacional
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dc.format.medium.none.fl_str_mv Recurso electrónico
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dc.publisher.none.fl_str_mv Walter de Gruyter GmbH
publisher.none.fl_str_mv Walter de Gruyter GmbH
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spelling 2020-03-26T16:32:54Z2020-03-26T16:32:54Z2013B.E. Journal of Macroeconomics; Vol. 13, Núm. 1; pp. 331-35419351690https://hdl.handle.net/20.500.12585/908210.1515/bejm-2012-0035Universidad Tecnológica de BolívarRepositorio UTB357674589005637745910056377086900International knowledge diffusion is considered an important source of productivity growth. However, direct observations on such diffusion have not been available at the macro level. We analyze novel data on international technology trade. Our empirical analyses indicate a positive association between payments for international technology adoption and the growth of labor productivity. Those payments appear to be a stronger contributor than research and development (R&D) investments for a large group of economies. For economies with high productivity, technology adoption payments tend to be complementary to R&D investments. © 2013 by Walter de Gruyter Berlin Boston.Recurso electrónicoapplication/pdfengWalter de Gruyter GmbHhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/restrictedAccessAtribución-NoComercial 4.0 Internacionalhttp://purl.org/coar/access_right/c_16echttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84907702086&doi=10.1515%2fbejm-2012-0035&partnerID=40&md5=78b4816f3e6a266abcc52e251d8bf659International technology adoption, R&D, and productivity growthinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_2df8fbb1R&DTechnology adoptionTechnology tradeChoi S.M.González D.T.Gray P.Aradhana, A., Deregulation, technology imports and in-house RandD efforts: An analysis of the Indian experience (2000) Research Policy, 29, pp. 1081-1093Ufuk, A., Kerr, W.R., Growth through heterogeneous innovations (2010) NBER Working Paper 16443Barro Robert, J., Sala-I-Martin, X., (2004) Economic Growth, , 2nd ed. Boston, MA, USA: MIT PressBarro Robert, J., Lee, J., A new data set of educational attainment in the world, 1950-2010 (2010) NBER Working Paper 15902Rakesh, B., Fikkert, B., The effects of RandD, foreign technology purchase, and domestic and international spillovers on productivity in Indian firms (1996) Review of Economics and Statistics, 78 (2), pp. 187-199Lanier, B.C., Learning and forgetting: The dynamics of aircraft production (2000) American Economic Review, 90 (4), pp. 1034-1054Francesco, C., Wilson, D.J., Importing technology (2004) Journal of Monetary Economics, 51, pp. 1-32Seung Mo, C., How large are learning externalities? (2011) International Economic Review, 52 (4), pp. 1077-1103Diego, C., Hobijn, B., Neoclassical growth and the adoption of technologies (2004) NBER Working Paper 10733Diego, C., Hobijn, B., An exploration of technology diffusion (2010) American Economic Review, 100 (5), pp. 2031-2059Jonathan, E., Kortum, S., Trade in ideas: Patenting and productivity in the OECD (1996) Journal of International Economics, 40, pp. 251-278Jonathan, E., Kortum, S., International technology diffusion: Theory and measurement (1999) International Economic Review, 40 (3), pp. 537-570Jonathan, E., Kortum, S., Trade in capital goods (2001) European Economic Review, 45 (7), pp. 1195-1235Foster Andrew, D., Rosenzweig, M.R., Microeconomics of technology adoption (2010) Annual Review of Economics, 2 (1), pp. 395-424Rachel, G., Redding, S., Van Reenen, J., Mapping the two faces of RandD: Productivity growth in a panel of OECD industries (2004) Review of Economics and Statistics, 86 (4), pp. 883-895Dominique, G., Van Pottelsberghe De La Potterie, B., RandD and productivity growth: Panel data analysis of 16 OECD countries (2001) OECD Science, Technology and Industry Working Papers 2001/3Verena, H., Huisman, K.J.M., Nunes, C., (2010) RandD Investment and Technology Adoption, , http://center.uvt.nl/staff/huisman/researchandtechnologyadoption.pdfChin Hee, H., (1995) Technology Trade, RandD and Productivity Growth, , University of Chicago Dissertation PaperHines James, R., Jr., Taxes, technology transfer, and the RandD activities of multinational firms (1995) The Effects of Taxation on Multinational Corporations, pp. 225-248. , edited by Martin Feldstein, James R. Hines Jr. and R. Glenn Hubbard, Chap. 8 Chicago, IL, USA: University of Chicago PressCan, H., Arundel, A., Hollanders, H., (2010) How Firms Innovate: RandD, Non-RandD, and Technology Adoption, , United Nations University Working Paper 27Charles, J., Mo Choi, S., (2013) Is Human Capital Under-Produced?, , http://user.chol.com/?estudiar/English/jameschoi.pdfJones Charles, I., Williams, J.C., Measuring the social return to RandD (1998) Quarterly Journal of Economics, 113 (4), pp. 1119-1135Homi, K., Developing countries imports of technology, in-house technological capabilities and efforts: An analysis of the Indian experience (1997) Journal of Development Economics, 53, pp. 67-83Klenow Peter, J., Rodriguez-Clare, A., The neoclassical revival in growth economics: Has it gone too far? (1997) NBER Macroeconomics Annual, 12, pp. 73-114Klenow Peter, J., Rodriguez-Clare, A., Externalities and growth (2005) Handbook of Economic Growth, Edited by Philippe Aghion and Steven Durlauf, 1, pp. 817-861. , Elsevier Chap. 11Organization for Economic Co-operation and Development (OECD), (1990) TBP Manual 1990: Proposed Standard Method of Compiling and Interpreting Technology Balance of Payments Data 1990Organization for Economic Co-operation and Development (OECD), Main science and technology indicators (2011) Source OECD (2011), , http://www.sourceoecd.comParente Stephen, L., A model of technology adoption and growth (1995) Economic Theory, 6 (3), pp. 405-420Parente Stephen, L., Prescott, E.C., Barriers to technology adoption and development (1994) Journal of Political Economy, 102 (2), pp. 298-321Giovanni, P., Determinants of knowledge flows and their effect on innovation (2005) Review of Economics and Statistics, 87 (2), pp. 308-322Achintya, R., Strategic technology adoption and optimal RandD under asymmetric information (2010) International Research Journal of Finance and Economics, 36, pp. 7-12Hulya, U., RandD, innovation and economic growth: An empirical analysis (2004) IMF Working Paper WP/04/185http://purl.org/coar/resource_type/c_6501THUMBNAILMiniProdInv.pngMiniProdInv.pngimage/png23941https://repositorio.utb.edu.co/bitstream/20.500.12585/9082/1/MiniProdInv.png0cb0f101a8d16897fb46fc914d3d7043MD5120.500.12585/9082oai:repositorio.utb.edu.co:20.500.12585/90822021-02-02 14:19:51.19Repositorio Institucional UTBrepositorioutb@utb.edu.co