Imports, exports, knowledge spillovers and growth

Falvey, Rod; Foster, Neil; Greenaway, David

doi:10.1016/j.econlet.2004.04.007

Cited by 106 publications

(68 citation statements)

References 13 publications

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“…Theoretically, one cannot disagree that trade openness has several benefits, the most important being knowledge and technological spillovers (see Falvey et al, 2004). The resulting knowledge and technological spillovers may generate increasing returns and Volume 17, Issue 1, 2017 5 contribute to faster long-run growth (Squalli and Wilson, 2011).…”

Section: Related Literaturementioning

confidence: 99%

Does Trade Openness Matter for Economic Growth in the CEE Countries?

Iyke

2017

Review of Economic Perspectives

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This paper sets out to answer the question: Is trade openness important for economic growth in the Central and Eastern European (CEE) countries? The policyoriented measures of trade openness used in earlier studies have been argued to be subjective, while the simple outcome-oriented measures only capture one aspect of trade openness, namely: countries' share of trade. Hence, following Squalli and Wilson (2011), the paper constructs a new outcome-oriented measure of trade openness which captures a country's share of trade, and its interaction and interconnectedness with the rest of the world. Using fixed-effects regressions for 17 CEE countries over the period 1994 -2014, the paper finds trade openness to be important for growth within the CEE countries. In particular, the results show that increases in trade openness is associated with increases in real GDP per capita growth within these countries. The results appear significantly the same after we dropped Croatia and Estonia -two historically closed economies.

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Section: Related Literaturementioning

confidence: 99%

Does Trade Openness Matter for Economic Growth in the CEE Countries?

Iyke

2017

Review of Economic Perspectives

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“…Infrastructure must be corrected and there is a need in investing in educational activities. Knowledge aggregation: an important remark about pioneer countries was that they aggregate knowledge in developing sections and this acted as a growth factor for them [6], [7]. Technology imparting mechanisms leading to quick access have been subject to change during time [8] Historical evidence show that technology imparting occurs through domestic aggregation of technology, as a vital factor to growth [9].…”

Section: Domestic Structuresmentioning

confidence: 99%

A quantitative model of technological catch-up

Gholizadeh¹,

Naeini

Moini

2015

IJET

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This article presents a quantitative model for the analysis of technological gap. The rates of development of technological leaders and followers in nanotechnology are expressed in terms of coupled equations. On the basis of this model (first step) comparative technological gap and rate of that will be studied. We can calculate the dynamics of the gap between leader and follower. In the Second step, we estimate the technology gap using the metafrontier approach. Then we test the relationship between the technology gap and the quality of dimensions of the Catch-up technology which were identified in previous step. The usefulness of this approach is then demonstrated in the analysis of the technological gap of nanotechnology in Iran, the leader in Middle East and the world. We shall present the behaviors of the technological leader and followers. At the end, analyzing Iran position will be identified and implying effective dimension of catch-up Suggestions will be offered which could be a fundamental for long-term policies of Iran.

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“…Alvarez and Lopez (2006) find strong spillover effects from exporters to non-exporters in a highly detailed firm-level study for Chile. Additionally, Falvey et al (2004) indicate that export works as a channel for R&D spillovers and that such spillovers are likely to be a public good.…”

Section: Introductionmentioning

confidence: 99%

Growth and Innovation Policy in a Small, Open Economy: Should You Stimulate Domestic R&D or Exports?

Bye¹,

Fæhn²,

Grünfeld³

2011

The B.E. Journal of Economic Analysis &Amp; Policy

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In small and open economies, absorption of foreign knowledge through international trade often plays a more important role for domestic innovation and growth than investment in domestic R&D. This suggests that trade policies can increase knowledge spillovers from abroad. Public support to R&D can be motivated both by positive internal knowledge externalities and by its ability to expand absorptive capacity. This dynamic, empirical, general equilibrium analysis models these interplays between R&D, trade and productivity. It compares public R&D support and export promotion of R&D based products with respect to long term growth and welfare impacts. We find that export promotion is inferior to R&D support in spurring R&D. However, it is not outperformed in terms of welfare generation. The reason is that existing and politically persistent policy interventions create inefficiencies that can be counteracted by R&D-based export promotion as a second-best policy.KEYWORDS: absorptive capacity, computable general equilibrium (CGE) model, endogenous growth, research and development, international spillovers * We acknowledge funding from the Norwegian Research Council programme RENERGI and would also like to thank two anonymous referees for helpful suggestions.

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Imports, exports, knowledge spillovers and growth

Cited by 106 publications

References 13 publications

Does Trade Openness Matter for Economic Growth in the CEE Countries?

Does Trade Openness Matter for Economic Growth in the CEE Countries?

A quantitative model of technological catch-up

Growth and Innovation Policy in a Small, Open Economy: Should You Stimulate Domestic R&D or Exports?

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