Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries

Nicholas Apergis (), Claire Economidou and Ioannis Filippidis

No 08-29, Working Papers from Utrecht School of Economics

Abstract: The paper explores the linkages between labor productivity, innovation and technology spillovers in a panel of manufacturing industries. The roles of R&D, human capital and international trade are considered in stimulating innovation and/or facilitating technology transfer. Using panel-based unit root tests and cointegration analysis, the results indicate the existence of a single long-run equilibrium relation between labor productivity, innovation and technology transfer. Further, R&D, trade and human capital have statistically and, especially the latter, quantitatively important effects on labor productivity both directly via innovation and indirectly as they enhance technology diffusion.

Keywords: productivity; innovation; technology transfer; manufacturing industries; panel cointegration (search for similar items in EconPapers)
Date: 2008-10
New Economics Papers: this item is included in nep-eff, nep-ino, nep-mic and nep-tid
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Citations: View citations in EconPapers (17)

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Journal Article: Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:use:tkiwps:0829

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