Trade-Related Technology Diffusion and the Dynamics of North-South and South-South Integration PDF Download

Author: Maurice Schiff
Publisher: World Bank Publications
ISBN:
Category : Industrial productivity
Languages : en
Pages : 32

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Author: Maurice Schiff
Publisher:
ISBN:
Category :
Languages : en
Pages :

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This paper examines the impact on total factor productivity of North-South and South-South trade-related research and development (R&D) spillovers. It is the first to do so at the industry level for developing countries. North-South and South-South R&D flows are constructed based on industry-specific R&D in the North, North-South and South-South trade patterns, and input-output relations in the South. The main findings are: 1) North-South and South-South R&D flows have a positive impact on total factor productivity, though the former is larger. 2) R&D-intensive industries benefit mainly from North-South R&D flows while low R&D-intensive industries benefit mainly from South-South R&D flows. These results have implications for dynamic comparative advantage and for the dynamics of North-South and South-South regional integration.

Author: Maurice Schiff
Publisher: World Bank Publications
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 28

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Author: Maurice Schiff
Publisher:
ISBN:
Category : International economic integration
Languages : en
Pages : 40

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Author: Maurice Schiff
Publisher:
ISBN:
Category :
Languages : en
Pages : 21

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The literature on regional integration agreements (RIAs) is vast and deals with political, economic, and political economy issues. The literature on the economics of RIAs deals mostly with static effects, and concludes that these effects are, in general, ambiguous.So far there has been no empirical analysis of the dynamic effects of RIAs based on their impact on technology diffusion from partner and nonpartner countries. Schiff and Wang's paper is a first attempt in this direction. The authors examine the impact of the North America Free Trade Agreement (NAFTA) on total factor productivity in Mexico through its impact on trade-related technology transfers from OECD countries. They estimate trade-related technology diffusion by using a measure of trade-related foreign research and development (Ramp;D). Foreign Ramp;D is constructed based on industry-specific Ramp;D in the OECD, OECD-Mexico trade patterns, and input-output relations in Mexico.The authors find that:- Mexico's trade with its NAFTA partners had a large and significant impact on Mexico's total factor productivity, while trade with the rest of the OECD did not.- Simulating the impact of NAFTA has led to a permanent increase in total factor productivity in Mexico's manufacturing sector of between 5.5 percent and 7.5 percent and to some convergence with the economies of Canada and the United States.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the link between trade and international technology diffusion.

Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 21

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Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN: 9780821361269
Category : Business & Economics
Languages : en
Pages : 368

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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: Yanling Wang
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 31

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Author: Roberto Veneziani
Publisher: John Wiley & Sons
ISBN: 1119483360
Category : Political Science
Languages : en
Pages : 402

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Offering a unique picture of recent developments in a range of non-conventional theoretical approaches in economics, this book introduces readers to the study of Analytical Political Economy and the changes within the subject. Includes a wide range of topics and theoretical approaches that are critically and thoroughly reviewed Contributions within the book are written according to the highest standards of rigor and clarity that characterize academic work Provides comprehensive and well-organized surveys of cutting-edge empirical and theoretical work covering an exceptionally wide range of areas and fields Topics include macroeconomic theories of growth and distribution; agent-based and stock-flow consistent models; financialization and Marxian price and value theory Investigates exploitation theory; trade theory; the role of expectations and ‘animal spirits’ on macroeconomic performance as well as empirical research in Marxian economics

Author: Van den Berg, Hendrik
Publisher: Routledge
ISBN: 1317467396
Category : Business & Economics
Languages : en
Pages : 288

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Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.