The Role of Inter- and Intraindustry Trade in Technology Diffusion PDF Download
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Author: Ms.Dalia Hakura
Publisher: International Monetary Fund
ISBN: 145184784X
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
Research shows that international trade is an important channel for the transfer of technology. Building on this evidence, this paper examines the effects of inter- and intraindustry trade on technology transfer. The paper develops and tests the hypothesis that intraindustry trade stimulates more technology transfer than interindustry trade because countries are likely to absorb foreign technologies more easily when their imports are from the same sectors as their production and export sectors. The results of empirical tests for 87 countries during 1970–93 support this hypothesis.
Author: Ms.Dalia Hakura
Publisher: International Monetary Fund
ISBN: 145184784X
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
Research shows that international trade is an important channel for the transfer of technology. Building on this evidence, this paper examines the effects of inter- and intraindustry trade on technology transfer. The paper develops and tests the hypothesis that intraindustry trade stimulates more technology transfer than interindustry trade because countries are likely to absorb foreign technologies more easily when their imports are from the same sectors as their production and export sectors. The results of empirical tests for 87 countries during 1970–93 support this hypothesis.
Author: Dalia S. Hakura
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Andrés Rodríguez-Clare
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 0
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Book Description
Author: Andrés Rodríguez-Clare
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 44
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Book Description
Author: Yao Amber Li
Publisher:
ISBN:
Category :
Languages : en
Pages : 47
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Book Description
This paper assesses the welfare impact of trade and technology diffusion as well as the change in the cross-country distribution of GDP due to removal of trade costs and diffusion barriers. The model extends the multi-country Ricardian trade model of Alvarez and Lucas (2007) to include technology diffusion with diffusion barriers. A key feature of the model is that some countries export goods produced by foreign technology via diffusion. The model is calibrated to match the world GDP distribution, the merchandise trade and technology diffusion shares of GDP, and real GDP per capita for a sample of 31 countries. Data on international trade in royalties, license fees, and information intensive services are used as proxies for international technology diffusion. There are three key findings. First, the welfare gains from removing diffusion barriers are 4-60% across countries, generally larger than the gains from removing trade costs (8-40%). The main reason is that diffusion has a larger impact on the nontradable sector due to the substitutability between trade and diffusion in the tradable sector. Another reason is that diffusion barriers are generally larger than trade costs. Second, removing trade costs and diffusion barriers has little impact on reducing the dispersion of real GDP per capita (measured by Gini index) across countries. Compared to the benchmark, free diffusion decreases the Gini by 4%, and free trade decreases the Gini by 2%. Third, removing diffusion barriers increases trade, which indicates that diffusion may enhance trade.
Author: Gary D. Ferrier
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
New technologies generate positive externalities -- non-innovators can benefit through the adoption or imitation of the new technologies. International trade serves as a major channel for technology diffusion, allowing importing countries to acquire technical knowledge that they can potentially internalize. To empirically test the effects of trade on technology diffusion, the previous literature typically considers the effects of direct (bilateral) trade on indirect measures of technologies (e.g., TFP). We conjecture that the impact of trade on technology diffusion would be more accurately measured by taking into account both the direct and indirect network effects and by using direct measures of technologies (e.g., intensity levels). The international trade system can be considered as a weighted network. Technology may be diffused, not only bilaterally between countries, but also through the network effects, i.e., indirectly by trading with intermediate countries. We find that the network effects of trade play a significant role in technology diffusion. In most cases, countries better-connected on the trade network have higher technology intensities. Further support for the importance of trade is provided by our finding that for “outdated” technologies, better-connected countries have lower technology intensities.
Author: OECD
Publisher: OECD Publishing
ISBN: 9789264073968
Category :
Languages : en
Pages : 272
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Book Description
In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them.
Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN: 0821361260
Category : Business & Economics
Languages : en
Pages : 370
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Book Description
The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The 'correct' policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. 'Global Integration and Technology Transfer' uses cross-country and firm level panel data sets to analyze how specific activities exporting, importing, FDI, joint ventures impact on productivity performance.
Author: Maurice Schiff
Publisher: World Bank Publications
ISBN:
Category : Industrial productivity
Languages : en
Pages : 32
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Book Description
Author: Wolfgang Keller
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 76
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Book Description
I discuss the concept and empirical importance of international technology diffusion from the point of view of recent work on endogenous technological change. In this literature, technology is viewed as technological knowledge. I first review the major concepts, and how international technology diffusion relates to other factors affecting economic growth in open economies. The following main section of the paper provides a review of recent empirical results on (i) basic results in international technology diffusion; (ii) the importance of specific channels of diffusion, in particular trade and foreign direct investment; (iii) the spatial distribution of technological knowledge, and (iv) other issues.
