Date: 2001
Type: Article
Technological adaptation, trade, and growth
Weltwirtschaftliches Archiv, 2001, Vol. 137, No. 4, pp. 565-592
CHONG, Alberto, ZANFORLIN, Luisa, Technological adaptation, trade, and growth, Weltwirtschaftliches Archiv, 2001, Vol. 137, No. 4, pp. 565-592
- https://hdl.handle.net/1814/76874
Retrieved from Cadmus, EUI Research Repository
Based on Grossman and Helpman's 1991 seminal work, the authors provide a simple model extension where innovations created in the high-tech sector may be assimilated or adapted by the lowtech sector, thus generating nondecreasing returns in the production function of the latter. When applying a Heckscher-Ohlin framework the authors find that the effects of technological diffusion allow a country relatively scarce in human capital to benefit from nondecreasing rates of growth through its low-tech sector. They test this idea by using a dynamic panel data approach in order to deal with simultaneity and country heterogeneity. Their results are consistent with the predictions of the model and robust to a broad range of definitions of technological intensity.
Cadmus permanent link: https://hdl.handle.net/1814/76874
ISSN: 0043-2636
Publisher: Universität Kiel, Institut für Weltwirtschaft
Earlier different version: https://hdl.handle.net/1814/5116
Version: The article is based on findings of the author’s EUI PhD thesis, 1996
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