Technological adaptation, trade, and growth

Alberto Chong, Luisa Zanforlin

Producción científica: Contribución a una revistaArtículo de revista revisión exhaustiva

2 Citas (Scopus)

Resumen

Based on Grossman and Helpman's 1991 seminal work, the authors provide a simple model extension where innovations created in the high-tech sector may be assimilated or adapted by the low-tech sector, thus generating nondecreasing returns in the production function of the latter. When applying a Heckscher-Ohlin framework the authors find that the effects of technological diffusion allow a country relatively scarce in human capital to benefit from nondecreasing rates of growth through its low-tech sector. They test this idea by using a dynamic panel data approach in order to deal with simultaneity and country heterogeneity. Their results are consistent with the predictions of the model and robust to a broad range of definitions of technological intensity.
Idioma originalInglés
Páginas (desde-hasta)565-592
Número de páginas28
PublicaciónWeltwirtschaftliches Archiv
Volumen137
N.º4
DOI
EstadoPublicada - 1 ene. 2001

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