07.04.08 Technology Clubs, Technology Gaps and Growth Trajectories
NUPI-notat 731 | 44 sider.
Notatet undersøker forskjeller i teknologisk nivå mellom ulike land i et stort utvalg industri- og utviklingsøkonomier. Resultatene identifiserer tre distinkte grupper med ulike teknologiske særtrekk og viser at disse er substansielt forskjellige med hensyn til innovativ evne, og kapasitet til å tilegne seg ny teknologi og økonomisk vekst.
>> Summary
This paper looks at the convergence clubs literature from a Schumpeterian perspective, and it follows the idea that cross-country differences in the ability to innovate and to imitate foreign technologies determine the existence of clustering, polarization and convergence clubs. The study investigates the characteristics of different technology clubs and the growth trajectories that they have followed over time. The cross-country empirical analysis first explores the existence of multiple regimes in the data by means of cluster analysis techniques. It then estimates a technology-gap growth equation in a dynamic panel model specification. The empirical results identify three distinct technology clubs, and show that these are characterized by remarkably different technological characteristics and growth behavior.
Fulltekst
|
Hele publikasjonslisten
