Does knowledge spill over across borders and technology regimes?

J. Bos, Bertrand Candelon and Claire Economidou

Journal of Productivity Analysis, 2016, vol. 46, issue 1, No 5, 63-82

Abstract: Abstract This paper investigates whether technology spills over across national borders and technology regimes. We advocate a modeling strategy where improvements in technical efficiency capture technology spillovers as industries absorb and implement the best-practice technology. Dynamic panel-based techniques are used to determine whether efficiency series move together in the long run (cointegrate) and/or move closer together over time (converge). We control for technological heterogeneity and for cross-sectional dependence in the data. For a panel of manufacturing industries in six EU countries, we find evidence of technology spillovers and convergence among industries’ efficiency levels across countries and mainly across adjacent technology regimes.

Keywords: Technology spillovers; Efficiency; Panel cointegration; Convergence; Manufacturing industries (search for similar items in EconPapers)
JEL-codes: C23 L60 O14 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s11123-016-0472-4

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