Catching up to the Technology Frontier: The Dichotomy Between Innovation and Imitation

Jakob B. Madsen (), Rabiul Islam and James B. Ang ()

CAMA Working Papers from Australian National University, Centre for Applied Macroeconomic Analysis

Abstract: This research examines whether technology transfer, research intensity, educational attainment and the ability to absorb foreign technology help explain cross-country differences in productivity growth. Our data comprise a panel of 55 countries including 23 OECD and 32 developing economies over the period 1970-2004. The results show that TFP growth in both OECD and developing countries is positively affected by research intensity, distance to the frontier, research intensity-based absorptive capacity and educational attainment-based absorptive capacity. However, they reveal large differences between developed and developing countries.

JEL-codes: O30 O40 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-ino
Date: 2009-09

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Persistent link: http://EconPapers.repec.org/RePEc:acb:camaaa:2009-26

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