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Technology Spillover through Trade and TFP Convergence: 120 Years of Evidence for the OECD Countries

Year: 2005

Type: preprint

Abstract: Using a new dataset on imports of technology and total factor productivity (TFP) over more than a century for the OECD countries, this paper tests for international technological transmission through trade. The empirical estimates suggest that imports of knowledge have been responsible for an almost 200% increase in TFP over the past century, but that the spillover effect has been highly unevenly distributed across countries, but has contributed to TFP convergence among the OECD countries.

Source: RePEc: Research Papers in Economics

Author: Jakob B. Madsen

Institution: University of Copenhagen

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

Funder: Styrelsen för Internationellt Utvecklingssamarbete

OpenAlex ID: W2985711308