Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries

Autor: Ioannis Filippidis, Claire Economidou, Nicholas Apergis
Rok vydání: 2008
Předmět:
Zdroj: Review of World Economics. 144:491-508
ISSN: 1610-2886
1610-2878
DOI: 10.1007/s10290-008-0157-9
Popis: The paper explores the linkages between labour productivity, innovation and technology spillovers in a panel of manufacturing industries. The roles of R&D, human capital and international trade are considered in stimulating innovation and/or facilitating technology transfer. Using panel-based unit root tests and cointegration analysis, the results indicate the existence of a single long-run equilibrium relation between labour productivity, innovation and technology transfer. Further, R&D, trade and human capital have statistically and, especially the latter, quantitatively important effects on labour productivity both directly via innovation and indirectly as they enhance technology diffusion.
Databáze: OpenAIRE