The impact of knowledge trade on sustainable development and environment-biased technical progress
Shao-Peng Cao and
Technological Forecasting and Social Change, 2019, vol. 144, issue C, 512-523
This paper proposed a theoretical model of knowledge trade based on the new economic growth theory and investigated the impact of knowledge trade on sustainable development. The MSIH-VAR model was used to test the impact of three forms of knowledge trade (direct introduction of technology, technological spillovers of foreign direct investment (FDI), and reverse deconstruction of imported products) on sustainable development, production technology, and environmental technology. The impulse response equation indicates that developing countries can only improve their environmental technology levels through the direct introduction of technology. To prove the impact of knowledge trade on sustainable development, the interaction term of environmental technology and knowledge trade was included in the analysis to obtain a dynamic panel model. The research results indicate that knowledge trade in the form of both direct introduction of technology and reverse deconstruction of imported products can improve sustainable development locally. Below a certain level of environmental technology, knowledge trade has a positive impact on sustainable development, irrespective of its form.
Keywords: Knowledge trade; Environment-biased technical progress; Energy saving; Emission reduction; Sustainable development (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:144:y:2019:i:c:p:512-523
Access Statistics for this article
Technological Forecasting and Social Change is currently edited by Fred Phillips
More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Haili He ().