Industry-Specific Knowledge Spurs Productivity: An Application of Panel Cointegration

Petra Zloczysti

No 1150, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: Using data for 14 OECD countries and 13 sectors for the period 1985-2004, this paper analyzes the significance of the linkage between channels of international knowledge spillovers and total factor productivity. We distinguish between domestic and international intra- and inter-sectoral spillover sources. Patent applications are exploited to estimate the contribution of technology transfer to industrial productivity. To account for technological distance, we weight foreign knowledge by bilateral technological proximity. By adopting estimation methods reflecting recent developments in the treatment of non-stationary panel data econometrics, we find that industry-specific knowledge both nationally and internationally mainly drives productivity in the respective sector.

Keywords: Knowledge Spillover; Total Factor Productivity; Manufacturing; Panel Cointegration (search for similar items in EconPapers)
JEL-codes: C23 L60 O30 O40 (search for similar items in EconPapers)
Pages: 35 p.
Date: 2011
New Economics Papers: this item is included in nep-cse, nep-eff and nep-knm
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.diw.de/documents/publikationen/73/diw_01.c.378332.de/dp1150.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:diw:diwwpp:dp1150

Access Statistics for this paper

More papers in Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Bibliothek ().