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International Technology Spillovers, Human Capital and Productivity Linkages: Evidence from the Industrial Sector

Nicholas Apergis (), Claire Economidou () and Ioannis Filippidis

No 08-30, Working Papers from Utrecht School of Economics

Abstract: The paper estimates an empirical model that is consistent with a variety of R&D-driven model of growth where technology is transmitted via trade to other industries, both domestically and internationally, by being embodied in differentiated intermediate goods. The evidence is based on data from 21 manufacturing industries in six EU countries for the period 1980-1997. The contribution of the paper lies in showing how by including human capital in the model and employing suitable econometric procedures, the magnitude of R&D spillovers reported in the existing literature can be affected, while pointing to a major role of human capital in economic growth process.

Keywords: total factor productivity; technology spillovers; human capital; panel cointegration; manufacturing industries (search for similar items in EconPapers)
JEL-codes: C23 F1 L6 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-hrm, nep-ino and nep-tid
Date: 2008-10

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