Technological flows in Slovak economy

Jozef Kubala ()
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Jozef Kubala: Department of Economic Policy, University of Economics in Bratislava

No 9, EAPG Working Paper Series from Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava

Abstract: The author analyzes and quantifies technology flows between sectors of the Slovak economy due to foreign direct investment. The work focuses on examining spillover effects of technology transfer. We assume that the larger the foreign investment in the sector and greater industrial relationships between sectors exist, there is greater likelihood that other sectors also benefit from new technology. Scrubbing FDI from privatization transactions we are trying to estimate embodied and non-embodied spillover effects of technology transfer. As an analytical tool is selected Leontief inverse matrix augmented by a vector of foreign direct investment. The advantage of this tool is that it captures not only the direct linkages in the economy but also indirect ones.

Keywords: technological flows; spillovers effects; input-output analysis; foreign direct investment (search for similar items in EconPapers)
JEL-codes: O31 O33 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2014-03-05
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Persistent link: https://EconPapers.repec.org/RePEc:brt:wpaper:009

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