Testing the impact of technology diffusion and innovation on long-run growth using cointegration techniques

Autor: Juan Ricardo Perilla Jiménez
Přispěvatelé: General Economics 0 (Onderwijs), RS: GSBE other - not theme-related research
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Geography
Planning and Development
o47 - "Measurement of Economic Growth
Aggregate Productivity
Cross-Country Output Convergence"
Aerospace Engineering
Sample (statistics)
Development
c53 - "Forecasting and Prediction Methods
Simulation Methods "
Unit (housing)
EAST-ASIAN MIRACLE
o33 - "Technological Change: Choices and Consequences
Diffusion Processes"
vector error correction models
Measurement of Economic Growth
Cross-Country Output Convergence
WORLD
0502 economics and business
OIL-PRICE SHOCK
Econometrics
Economics
050207 economics
Diffusion (business)
Productivity
Cointegration
Technological change
05 social sciences
Multiple or Simultaneous Equation Models: Time-Series Models
Dynamic Quantile Regressions
Dynamic Treatment Effect Models
economic development and growth
innovation
GREAT CRASH
UNIT
Economic interventionism
Forecasting and Prediction Methods
Simulation Methods
c32 - "Multiple or Simultaneous Equation Models: Time-Series Models
Dynamic Treatment Effect Models"
Technological Change: Choices and Consequences
Diffusion Processes
ART
technology change
Zdroj: Journal of International Trade & Economic Development, 29(6), 748-773. Routledge/Taylor & Francis Group
ISSN: 0963-8199
DOI: 10.1080/09638199.2020.1729229
Popis: The long-run relationship between technology diffusion, (local) innovation and productivity, and the impact of government intervention on long-run economic growth, are studied using a sample of 62 countries classified into successful and unsuccessful cases of catching-up. Our dataset is constructed by combining a large suite of statistics for a 30-year period spanning 1980-2010. We rely on conventional Johansen cointegration analysis on individual countries and discuss our findings based on the mean group estimates and empirical distributions of the results for each country classification. The evidence supports the importance of the interaction between technology diffusion and innovation, and the relevance of government coordination to boost innovation and economic growth.
Databáze: OpenAIRE
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