Trade and the Transmission of Technology

Wolfgang Keller

Working papers from Wisconsin Madison - Social Systems

Abstract: We present a model of R&D-driven growth which predicts that technology, in form of product designs and created through R&D investments, is transmitted to other domestic and foreign sectors by being embodied in differentiated intermediate goods. Empirical results are presented employing data from thirteen manufacturing industries in eight OECD countries over the period of 1970 to 1991. We confirm, first, earlier findings that R&D expenditures are positively related to productivity levels, and estimate an elasticity of TFP with respect to own-industry R&D between 7% and 17%. Second, the receiving industry benefits also from other industries' technology investments, an effect which is at least in part due to trade in embodied technology.

Keywords: TECHNOLOGY; INTERNATIONAL TRADE (search for similar items in EconPapers)
JEL-codes: F10 F14 O30 O32 (search for similar items in EconPapers)
Pages: 16 pages
Date: 1997
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Citations: View citations in EconPapers (62)

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Related works:
Journal Article: Trade and the Transmission of Technology (2002)
Working Paper: Trade and Transmission of Technology (1997)
Working Paper: Trade and the Transmission of Technology (1997)
Working Paper: Trade and the Transmission of Technology (1996)
Working Paper: Trade and the Transmission of Technology (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:att:wimass:9620r

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