Technology transfer and economic growth in developing countries: an econometric analysis

Valerio Crispolti () and Daniela Marconi
Additional contact information
Valerio Crispolti: Bank of Italy, Economic Research Department

No 564, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: In this paper we investigate two potential channels of international technology transfer towards developing countries: trade and foreign direct investments. We study the extent to which, through these channels, research and development expenditures (R&D) performed by advanced countries affect total factor productivity (TFP) levels in a panel of 45 developing countries over the period 1980-2000. Paying particular attention to the potential spillovers effects stemming from human capital, we estimate a TFP equation using the FMOLS technique. Our findings show that both channels induce substantial technology transfer across countries. In addition each developing country, for a given amount of foreign R&D, enjoys bigger spillovers the higher its educational level.

Keywords: Technology transfer; Economic growth; Trade; FDI (search for similar items in EconPapers)
JEL-codes: F12 F21 O47 (search for similar items in EconPapers)
Date: 2005-11
New Economics Papers: this item is included in nep-cfn, nep-dev, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.bancaditalia.it/pubblicazioni/temi-disc ... 05-0564/tema_564.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bdi:wptemi:td_564_05

Access Statistics for this paper

More papers in Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area Contact information at EDIRC.
Bibliographic data for series maintained by ().