The Role of International Technology Spillovers in the Economic Growth of the OECD Countries

Verfasser / Beitragende:
[Jorge Crespo, Carmela Martín, Francisco J Velázquez]
Ort, Verlag, Jahr:
2004
Enthalten in:
Global Economy Journal, 4/2(2004-12-17)
Format:
Artikel (online)
ID: 378939467
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024 7 0 |a 10.2202/1524-5861.1035  |2 doi 
035 |a (NATIONALLICENCE)gruyter-10.2202/1524-5861.1035 
245 0 4 |a The Role of International Technology Spillovers in the Economic Growth of the OECD Countries  |h [Elektronische Daten]  |c [Jorge Crespo, Carmela Martín, Francisco J Velázquez] 
520 3 |a This paper explores the role of imports as a mechanism of transmission of international technology spillovers and its significance for the growth of the OECD countries. For this purpose we estimate a version of the growth model proposed by Benhabib and Spiegel (1994), which includes two main modifications in order to better specify the nature of international knowledge diffusion. The first is the inclusion of the R&D capital stock into this framework. The second consist of using a direct measurement of international technology spillovers instead of using per capita GDP gap in respect to the leader country as approach to it. Our results reveal that international technology spillovers transmitted through imports have had a favourable influence on the economic growth of the OECD countries. However, they show the predominant role of the domestic human and R&D capital endowments in economic growth. 
540 |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston 
690 7 |a Growth  |2 nationallicence 
690 7 |a Knowledge  |2 nationallicence 
690 7 |a OECD  |2 nationallicence 
690 7 |a Spillovers  |2 nationallicence 
690 7 |a Technology  |2 nationallicence 
690 7 |a Trade  |2 nationallicence 
700 1 |a Crespo  |D Jorge  |u assistant professor of Economics at the Universidad Autónoma de Madrid., ecap2z3@sis.ucm.es  |4 aut 
700 1 |a Martín  |D Carmela  |u professor of Applied Economics at the Universidad Complutense of Madrid and director of the European Economy Group, carmelamartin@ccee.ucm.es  |4 aut 
700 1 |a Velázquez  |D Francisco J.  |u full lecturer at the Universidad Complutense of Madrid., javel@ccee.ucm.es  |4 aut 
773 0 |t Global Economy Journal  |d De Gruyter  |g 4/2(2004-12-17)  |q 4:2  |1 2004  |2 4  |o gej 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Crespo  |D Jorge  |u assistant professor of Economics at the Universidad Autónoma de Madrid., ecap2z3@sis.ucm.es  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Martín  |D Carmela  |u professor of Applied Economics at the Universidad Complutense of Madrid and director of the European Economy Group, carmelamartin@ccee.ucm.es  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Velázquez  |D Francisco J.  |u full lecturer at the Universidad Complutense of Madrid., javel@ccee.ucm.es  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Global Economy Journal  |d De Gruyter  |g 4/2(2004-12-17)  |q 4:2  |1 2004  |2 4  |o gej 
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