International technology adoption, R&D, and productivity growth

Autor:	Seung Mo Choi, Daniel Toro González, Peter Gray
Rok vydání:	2013
Předmět:	Economics and Econometrics R&D Public economics media_common.quotation_subject International economics Payment Technology trade High productivity Macro level Economics Large group Productivity Technology adoption media_common
Zdroj:	The B.E. Journal of Macroeconomics. 13
ISSN:	1935-1690 2194-6116
DOI:	10.1515/bejm-2012-0035
Popis:	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.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f29af368caab85e0331e409db44a4027 https://doi.org/10.1515/bejm-2012-0035 Zobrazit plný text záznamu