Technology gap, imported capital goods and productivity of manufacturing plants in Sub-Saharan Africa
Autor: | Eugene Bempong Nyantakyi, Jonathan Munemo |
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Rok vydání: | 2016 |
Předmět: |
business.industry
Economic capital Best practice 05 social sciences Geography Planning and Development Aerospace Engineering Factors of production Capital Consumption Allowance International trade International economics Capital good Development Technology gap 0502 economics and business Economics 050207 economics business Free trade Productivity 050205 econometrics |
Zdroj: | The Journal of International Trade & Economic Development. 26:209-227 |
ISSN: | 1469-9559 0963-8199 |
DOI: | 10.1080/09638199.2016.1233450 |
Popis: | This paper uses firm-level data from Ghana, Tanzania and Kenya to examine the effect of capital goods imports on domestic firms' productivity, and the role firms' technology gap plays in aiding the transmission of knowledge embodied in capital goods to domestic firms. The results show that increasing imports of capital goods and closing technology gaps have positive effects on productivity. Furthermore, domestic firms with technology standards farther from international best practices benefit more from capital goods imports. The results also imply that trade liberalization policy aimed at eliminating tariffs on capital goods will significantly improve the performance of technically incompetent firms in the African manufacturing sector. |
Databáze: | OpenAIRE |
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