caa a22 4500 378939467 CHVBK 20180305123648.0 cr unu---uuuuu 161128e20041217xx s 000 0 eng 10.2202/1524-5861.1035 doi (NATIONALLICENCE)gruyter-10.2202/1524-5861.1035 The Role of International Technology Spillovers in the Economic Growth of the OECD Countries [Elektronische Daten] [Jorge Crespo, Carmela Martín, Francisco J Velázquez] 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. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston Growth nationallicence Knowledge nationallicence OECD nationallicence Spillovers nationallicence Technology nationallicence Trade nationallicence Crespo Jorge assistant professor of Economics at the Universidad Autónoma de Madrid., ecap2z3@sis.ucm.es aut Martín Carmela professor of Applied Economics at the Universidad Complutense of Madrid and director of the European Economy Group, carmelamartin@ccee.ucm.es aut Velázquez Francisco J. full lecturer at the Universidad Complutense of Madrid., javel@ccee.ucm.es aut Global Economy Journal De Gruyter 4/2(2004-12-17) 4:2 2004 4 gej https://doi.org/10.2202/1524-5861.1035 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1524-5861.1035 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Crespo Jorge assistant professor of Economics at the Universidad Autónoma de Madrid., ecap2z3@sis.ucm.es aut NATIONALLICENCE 700 1- Martín Carmela professor of Applied Economics at the Universidad Complutense of Madrid and director of the European Economy Group, carmelamartin@ccee.ucm.es aut NATIONALLICENCE 700 1- Velázquez Francisco J. full lecturer at the Universidad Complutense of Madrid., javel@ccee.ucm.es aut NATIONALLICENCE 773 0- Global Economy Journal De Gruyter 4/2(2004-12-17) 4:2 2004 4 gej CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter