Technology spillover through trade and TFP convergence: 135 years of evidence for the OECD countries

Madsen, Jakob B.

doi:10.1016/j.jinteco.2006.12.001

Cited by 262 publications

(166 citation statements)

References 34 publications

Supporting

Mentioning

141

Contrasting

Unclassified

Order By: Relevance

“…As can be clearly seen, developed nations uniformly imported its actual amount of Science Research of and beyond what these nations produce themselves. This is certainly consistent with the conclusion of the literature (Madsen 2007;Keller 2002;Eaton and Kortum 1996). Among these developed nations, the U.S. stands out both in terms of growth rate and absolute dollar value.…”

Section: Logistics Globalizationsupporting

confidence: 91%

“…Madsen showed that the U.S., Japan, and the Scandinavian countries experienced approximately 300% GFP growth due to such technology spillovers (Madsen 2007). Keller estimated that benefits derived from foreign R&D in the same industry are on the order of 50% to 95% of the productivity of old R&D (Keller 2002).…”

Section: Shanghai's Import Trade In Producer Servicesmentioning

confidence: 99%

See 1 more Smart Citation

Have Imported Producer Services Improved Manufacturing in Shanghai?

Yang

Hou

2016

ZREFIS

View full text Add to dashboard Cite

Imported producer services play a vital role in the continued development of the industrialized economies. Countries like the U.S., UK, Japan, Germany, etc., utilize imported scientific research to help domestic manufacturing. Most developing nations are in the early stages of adopting this strategy, China is no exception. Among the four mega metropolitans (Beijing, Shanghai, Tianjin and Chongqing) in China, Shanghai is the most advanced in the area of producer services; however, still lacking significantly behind Hong Kong and Singapore. The objective of this study is to examine whether imported producer services have been able to improve the manufacturing in Shanghai. We employ the input-output method to measure the effects of imported producer services on Shanghai manufacturing. Our findings are disappointing. Though Shanghai’s imported producer services continue to rise, the high-end knowledge-based producer services are severely lacking; and, to make matters worse, the trend is downwards and thus the gap with its advanced neighboring economies is ever widening. If Shanghai is to achieve the lofty goal of becoming an international financial service hub, there remains much work to be done. The Shanghai government, indeed the Chinese government, needs to take more conservative actions towards achieving this objective rather than just to pay lip service.

show abstract

Section: Logistics Globalizationsupporting

confidence: 91%

Section: Shanghai's Import Trade In Producer Servicesmentioning

confidence: 99%

Have Imported Producer Services Improved Manufacturing in Shanghai?

Yang

Hou

2016

ZREFIS

View full text Add to dashboard Cite

show abstract

“…This argument has been confirmed by recent works using more sophisticated, trade-related weights (Lumenga-Neso et al, 2005), different measures of knowledge capital (Bottazzi and Peri, 2007;Madsen, 2007, and, or alternative mechanism of knowledge propagation (Lee, 2006 andMendi, 2007). It should be however emphasized that the differential impact between foreign and domestic R&D might be reducing over time (Guellec and van Pottelsberghe, 2004) and such other factors as human capital and institutional characteristics may be influential for productivity growth (see Engelbrecht, 1997, Frantzen, 2000and Coe et al, 2008.…”

mentioning

confidence: 77%

The modern drivers of productivity

Venturini

2015

Research Policy

View full text Add to dashboard Cite

Using country-level data, this paper investigates the determinants of productivity in emerging knowledge economies by estimating the spillovers associated with investment in Research & Development (R&D) and Information Technology (IT). The work illustrates that both forms of technicallyadvanced capital (R&D and IT) matter for long-run TFP growth. Furthermore, by inspecting knowledge spillovers associated with either the domestic production or import penetration of high-tech (IT) goods, we show that the R&D base of the domestic producers of IT assets is a fundamental driver of economic growth for the industrialized countries. In terms of TFP gains, a low degree of industry specialization in information technology can only partly be compensated by a country's trade openness, i.e. importing R&D-intensive (IT) goods from abroad. This contrasts to what occurs for less technically-advanced (non-IT) productions, for which trade is an effective conduit for knowledge.

show abstract

“…The distance can be reduced by R&D, which have been shown as having an innovative character in OECD countries (Howitt, 2000;Griffith et al, 2003;Kneller, 2005). Research intensity reduces the distance to the frontier as proved by Griffith et al (2004), Kneller (2005), Kneller and Stevens (2006) and Madsen (2007Madsen ( , 2008a. Zachariadis (2003Zachariadis ( , 2004 and Madsen (2008b) have empirically proved that R&D intensity has positive effects on TFP growth, then on the distance to the frontier, for OECD countries.…”

Section: Higher Growth and Backwardnessmentioning

confidence: 96%

Nonlinearities in productivity growth: A semi-parametric panel analysis

Azomahou

Diène

Diene

2013

Structural Change and Economic Dynamics

View full text Add to dashboard Cite

We use country panel data spanning over 1998-2008 for both developed and developing countries to study the productivity growth when countries are close to the technology frontier. Relying on a semi-parametric generalized additive model, we estimate both reduced and structural forms for total factor productivity growth. We consider three measurements of frontier: the economy with the highest level of productivity growth, the world productivity growth and the productivity growth of the USA. We obtain a U-shape relation between productivity growth and the proximity to the world productivity growth. The relation between productivity growth and human capital displays an inverted U-shape form (res. U-shape) when the proximity to the highest productivity growth is used (res. the proximity to productivity growth of USA). Total staff in R&D has an inverted W-shape effect on productivity growth. The share of R&D expenditure funded by government and from abroad impact positively the growth of productivity. However, the increase in government spending on R&D has a greater impact on productivity growth when the former is weak, and a smaller impact when R&D spending is already high. International trade has a positive effect on productivity growth. Specification tests show that our semi-parametric models provide a better approximation of the data compared to the parametric analogue, revealing a high degree of nonlinearity governing productivity growth.JEL Classification: C14, I23, O3, O4

show abstract

Technology spillover through trade and TFP convergence: 135 years of evidence for the OECD countries

Cited by 262 publications

References 34 publications

Have Imported Producer Services Improved Manufacturing in Shanghai?

Have Imported Producer Services Improved Manufacturing in Shanghai?

The modern drivers of productivity

Nonlinearities in productivity growth: A semi-parametric panel analysis

Contact Info

Product

Resources

About