The Role of International Technological Spillovers in the Economic Growth of the OECD Countries

Carmela Martín (), Francisco J. Velazquez () and Jorge Crespo ()

No 6, European Economy Group Working Papers from European Economy Group

Abstract: This paper explores the role of imports as a mechanism of transmission of international technological spillovers and the significance of these for the growth and economic convergence of the OECD countries. For this purpose a growth model is estimated that includes amongst its determinants a measure of the stock of technological knowledge. The results reveal first that international technological spillovers transmitted through imports have had a favourable influence on the economic growth of the OECD countries, Secondly, they suggest that the capacity of countries to take advantage of those spillovers depend on their own human and R&D capital endowments..

Pages: 23 pages
Date: 2001
New Economics Papers: this item is included in nep-dev, nep-eec, nep-ino and nep-tid
Note: Working Paper n.6, 2001; pp 23
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Citations: View citations in EconPapers (7)

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