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International Impacts on V4 Countries: Evidence from Dynamic Panel Data Analysis

Paula Puškárová ()
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Paula Puškárová: Institute for Economics and Management, University of Economics in Bratislava, Slovak Republic

Economic Research Guardian, 2015, vol. 5, issue 1, 48-60

Abstract: The aim of this article is to explore the international impacts on the Visegrad Four countries through the Total Factor Productivity (TFP). Simultaneously, we control for domestic factors of total factor productivity, namely for own research and development (R&D) productivity. The paper is organized as follows: After the Introduction, we present the empirical and theoretical grounds of the article, foremost the empirical phenomenon known as knowledge accumulation paradox. In the third section, we proceed to the model determination and data selection. The fourth section devotes to the estimation results and the fifth section covers robustness checks and provides some further discussion points. The last section brings up once again the key results of the paper.

Keywords: Patent; Technology; Productivity; V4 (search for similar items in EconPapers)
JEL-codes: F43 O31 O47 (search for similar items in EconPapers)
Date: 2015
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