Technological Adaptation, Trade, and Growth

Alberto Chong and Luisa Zanforlin

No 2000/161, IMF Working Papers from International Monetary Fund

Abstract: This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are found to allow a country relatively scarce in human capital to benefit from nondecreasing rates of growth through its low-tech sector. The model is tested by using a dynamic panel data approach (Arellano and Bover, 1995). Results are consistent with the predictions of the model and robust to a broad range of definitions of technological intensity.

Keywords: WP; rate of growth; comparative advantage; GMM system estimator; production function; Growth; Assimilation; Technology; Exports; Imitation; Dynamic Panel Data; input-output coefficient; high-tech goods; parent export; export category; Human capital; Estimation techniques; Unskilled labor; East Asia (search for similar items in EconPapers)
Pages: 31
Date: 2000-10-01
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Citations: View citations in EconPapers (3)

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