Determinants of technology catch-up in MENA and SSA countries: a panel data analysis

Francisco Serranito

Economics Bulletin, 2017, vol. 37, issue 4, 2809-2825

Abstract: This paper estimates the determinants of TFP in the case of a panel of African and Middle-East countries for the period 1970-2010. We get two main results. Firstly, the degree of openness of a country is the only variables that have a positive and robust effect on the TFP growth. Secondly, convergence is not an automatic phenomenon for all countries. The possibility of a convergence effect depends on the ability of countries to adopt foreign technology. The most robust determinant of a country absorptive capacity is its stock of human capital. To a lesser extent the degree of financial market development could also be considered as a factor explaining the absorptive capacity but its significance depends on the list of regressors selected in the specification.

Keywords: Technology gap; Catching-up; Technology transfers; Absorptive capacity; GMM estimation; Middle-East and North Africa; Sub-Saharan African countries (search for similar items in EconPapers)
JEL-codes: O1 O4 (search for similar items in EconPapers)
Date: 2017-12-01
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Determinants of technology catch-up in MENA and SSA countries: a panel data analysis (2017)
Working Paper: Determinants of technology catch-up in MENA and SSA countries: a panel data analysis (2017)
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