Learning by Doing, the Technology Gap, and Growth

莊奕琦,; Chuang, Yih‐chyi

doi:10.2307/2527396

Cited by 75 publications

(58 citation statements)

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“…The sources of these knowledge spillovers include, on the one hand, incentives for technological improvements, labor training, and more efficient management due to increased international competition and, on the other, direct access to foreign knowledge through relationships with foreign buyers (Chuang 1998).…”

Section: Theoretical Discussionmentioning

confidence: 99%

A further examination of the export-led growth hypothesis

Dreger

Herzer

2012

Empir Econ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find for a sample of 45 developing countries that: (i) exports have a positive shortrun effect on non-export GDP and vice versa (short-run bidirectional causality), (ii) the long-run effect of exports on non-export output, however, is negative on average, but (iii) there are large differences in the long-run effect of exports on non-export GDP across countries. Cross-sectional regressions indicate that these cross-country differences in the long-run effect of exports on non-export GDP are significantly negatively related to cross-country differences in primary export dependence and business and labor market regulation. In contrast, there is no significant association between the growth effect of exports and the capacity of a country to absorb new knowledge. Abstract This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Terms of use: Documents in JEL

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Section: Theoretical Discussionmentioning

confidence: 99%

A further examination of the export-led growth hypothesis

Dreger

Herzer

2012

Empir Econ

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“…Export activity may not only generate financial benefits for the firm, but can also be viewed as a process of learning and of accumulation of knowledge and technology (Blalock and Gertler 2004;Yeoh 2004). The economics literature suggests a ''learning-by-exporting'' effect (Blalock and Gertler 2004;Branstetter 2006;Chuang 1998), andMcDougall (1994) argue that international new ventures are also likely to enjoy advantages of knowledge generation through internationalization. In particular, it is suggested that internationalization is a source of competitive advantage through which new ventures are able to access resources and thus expand their resource base (Autio 2005;Kuemmerle 1999Kuemmerle , 2002Oviatt and McDougall 1994).…”

Section: Theory and Hypothesesmentioning

confidence: 99%

Entrepreneurship, export orientation, and economic growth

2009

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In this paper the relationship between a country's prevalence of new ventures and its rate of economic growth is investigated, while taking into account new ventures' export orientation. It is generally acknowledged that new venture creation as well as export activity may both be important strategies for achieving national economic growth. However, to our knowledge no attempt has been made to investigate empirically the role of export-driven new ventures in economic growth. We focus on the national level and use data for a sample of 34 countries over the period [2002][2003][2004][2005][2006][2007][2008]. Our results suggest that, on top of a positive relation between entrepreneurial activity in general and subsequent macroeconomic growth, there is an additional positive effect of export-oriented earlystage entrepreneurship in higher-income countries. However, there is no such additional effect in lowerincome countries.

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“…Further, import might facilitate learning about the products (for example, reverse engineering), spurring imitation or innovation of competing products. Thus, countries import new goods first, then produce them by themselves, and eventually export them (Chuang, 1998 …”

Section: International Letters Of Social and Humanistic Sciences Vol 49mentioning

confidence: 99%

The Determinants of Economic Growth in Iran Based on Bayesian Model Averaging

Mehrara

Rezaei

2015

ILSHS

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This paper identifies the key determinants of economic growth in Iran, using annual time series data from 1974 to 2010. There is a very large literature on determinants of economic growth and several studies have included a large number of explanatory variables. Empirical models of economic growth are therefore plagued by problems of model uncertainty concerning the choice of explanatory variables and model specification. We utilize Bayesian Model Averaging (BMA) to resolve these model uncertainties. The results of this study indicate that the ratio of oil revenue to GDP is the most important variable affecting economic growth in the Iranian economy. Also the second and third effective variables on growth are respectively the ratio of imported capital and intermediate goods to GDP and labor force which lead to an increase in growth. Endogenous growth factors which are the factors contributing to the formation of human capital, not possess a large role in growth process. Therefore, the nature of Iran's economy has not endogenous and dynamic features and predominantly, economic growth has been made by injecting of exogenous sources (oil revenue, imported capital and intermediate goods, and labor force). JEL classifications: C11, H51, O10, O40.

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Learning by Doing, the Technology Gap, and Growth

Cited by 75 publications

References 0 publications

A further examination of the export-led growth hypothesis

A further examination of the export-led growth hypothesis

Entrepreneurship, export orientation, and economic growth

The Determinants of Economic Growth in Iran Based on Bayesian Model Averaging

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