Economic Growth, Technology Trade and R&D

Daniel Toro González (dtgindorg@gmail.com)

No 7626, Documentos de Trabajo from Universidad Tecnológica de Bolívar

Abstract: The present project is oriented to evaluate the performance of technological trade and research and development (R&D) expenditure, as a measure of productivity in explaining economic growth. Using data for OECD countries under a simple neoclassical growth model framework, the role of technology trade and investment in R&D is verified as an approximate measurement of productivity. In this case two thirds of total economic growth can be explained jointly by the introduction of these two variables in to the model specification together with human and capital accumulation.

Keywords: Cross-country growth; technology trade; research and development (search for similar items in EconPapers)
JEL-codes: E13 O47 (search for similar items in EconPapers)
Pages: 6
Date: 2010-10-27
New Economics Papers: this item is included in nep-fdg and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:col:000162:007626

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