Technology Transfer through Imports /

While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor accumulation,...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Acharya, Ram C.
Körperschaft:
National Bureau of Economic Research
Weitere Verfasser:
Keller, Wolfgang
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Cambridge, Mass. National Bureau of Economic Research 2007.
Zusammenfassung:
While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor accumulation, domestic R&D, and foreign technological spillovers. The empirical analysis encompasses seventeen industrialized countries in four continents over three decades, at a level disaggregated enough to identify innovations in a number of key high-tech sectors. International technology transfer is found to play a crucial part in accounting for income differences. We also relate technology transfer to imports, showing that imports are often a major channel. At the same time, our analysis highlights that international technology transfer varies importantly across industries and countries.
Umfang:
1 online resource: illustrations (black and white);
Anmerkungen:
May 2007.
Schlagworte: