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Author: Giorgio Barba Navaretti
Publisher: World Bank Publications
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 36
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Book Description
Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also imbedded in technology. If, becaue of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap?
Author: Giorgio Barba Navaretti
Publisher: World Bank Publications
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 36
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Book Description
Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also imbedded in technology. If, becaue of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap?
Author: Giorgio Barba Navaretti
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also embedded in technology. If, because of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap? Barba Navaretti and Soloaga examine the impact on productivity of technologies imported by a sample of developing and transition economies in Central and Eastern Europe and the Southern Mediterranean𕇬onomies becoming increasingly integrated with the European Union. They depart from earlier studies of technology diffusion by focusing on the technology embodied in the machines imported. Earlier work focused mostly on spillovers from foreign research and development conveyed through trade, without controlling for the characteristics of the goods imported. The authors jointly estimate the choice of foreign technology and its impact on domestic productivity for a set of manufacturing sectors. They proxy the technological level of the machines imported by using an index relating the unit value of the machines imported by a given country to the unit value of similar machines imported by the United States. At any point in time between 1989 and 1997, there is a persistent (even increasing) gap between the unit values of the machines imported by the United States and those imported by the sample of developing countries. Although developing economies buy increasingly productive machines, the technology embodied in the machines persistently lags behind that in the machines purchased by the United Statesőso far as unit values are good proxies of embodied technologies. Barba Navaretti and Soloaga also find that productivity growth in manufacturing depends on the types of machines imported in a given industry. So although the optimal choice for developing countries is to buy cheaper, less sophisticated machines, given local skills and factor prices, this choice has a cost in long-run productivity growth. If productivity is low, countries buy low- technology machines, but doing so keeps them in a low-technology, low-growth trap. This paperᔚ product of Trade, Development Research Groupőis part of a larger effort in the group to assess the role of trade in technology diffusion.
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: Giovanni Bruno
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 604
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Author: Gianmarco I. P. Ottaviano
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 40
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Author: Massimo Florio
Publisher:
ISBN:
Category : Economic development projects
Languages : en
Pages : 48
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Author: World Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 176
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Author: Paolo Manasse
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 46
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Book Description
Investigates the dynamics of manual and non-manual employment and wages in Italian manufacturing during the 1990s.
Author: Roberto Basile
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 52
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