Cameron, Gavin, Proudman, James and Redding, Stephen (2005) Technological convergence, R&D, trade and productivity growth. European Economic Review, 49 (3). pp. 775-807. ISSN 0014-2921
Full text not available from this repository.Abstract
This paper analyses productivity growth in a panel of 14 United Kingdom manufacturing industries since 1970. Innovation and technology transfer provide two potential sources of productivity growth for a country behind the technological frontier. We examine the roles played by research and development (R&D), international trade, and human capital in stimulating each source of productivity growth. Technology transfer is statistically significant and quantitatively important. While R&D raises rates of innovation, international trade enhances the speed of technology transfer. Human capital primarily affects output through private rates of return (captured in our index of labour quality) rather than measured TFP.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.elsevier.com/locate/eer |
| Additional Information: | © 2005 Elsevier |
| Divisions: | Centre for Economic Performance Economics |
| Subjects: | H Social Sciences > HB Economic Theory |
| JEL classification: | O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output (Income) Convergence O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O57 - Comparative Studies of Countries O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O30 - General |
| Date Deposited: | 15 Sep 2008 10:26 |
| Last Modified: | 11 Dec 2024 22:51 |
| URI: | http://eprints.lse.ac.uk/id/eprint/16115 |
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