Abstract:
We develop and estimate a model of technological innovation and its contribution to growth at home and abroad. International patents indicate where innovations come from and where they are used. Countries grow at a common steady-state rate. A country's relative productivity depends upon its capacity to absorb technology. We estimate that, except for the United States, OECD countries derive almost all of their productivity growth from abroad.
JEL-codes:F43 (search for similar items in EconPapers) Date: 1997-05 Note: EFG ITI PR View list of references
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