Technology, Resource Endowments and International Competitiveness

Patrik Gustavsson, Pär Hansson () and Lars Lundberg
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Patrik Gustavsson: Stockholm School of Economics and FIEF, Postal: FIEF, Wallingatan 38, S-111 24 Stockholm, Sweden
Lars Lundberg: Trade Union Institute for Economic Research, Postal: FIEF, Wallingatan 38, S-111 24 Stockholm, Sweden

No 138, Working Paper Series from Trade Union Institute for Economic Research

Abstract: The paper evaluates the impact of technology together with resource endowments and economies of scale on international competitiveness in OECD countries. Knowledge capital stocks are obtained by cumulating R&D expenditure. Results show that competitiveness is determined not only by the R&D activity of the representative firm, but also by the size of domestic industry as well as economy wide stocks of knowledge, indicating the presence of local externalities. Further results point to the importance of economies of scale in R&D internal to the firm and of investment for introduction of embodied technical progress. Finally, the R&D impact differs between high- and low-tech industries as well as among countries.

Keywords: international competitiveness; technology gap; knowledge stock; R&D; disembodied and embodied technical change (search for similar items in EconPapers)
JEL-codes: F12 F14 O32 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1996-09-15
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Published in European Economic Review, 1999, pages 1501-1530.

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Journal Article: Technology, resource endowments and international competitiveness (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:fiefwp:0138

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