Innovations, Spill-over Effects and Economic Growth

Forskningsenhed: EPRU


Abstract:
Using a new dataset on imports of technology and total factor productivity (TFP) over more than a century for the OECD countries, this paper tests for international technological transmission through trade. The empirical estimates suggest that imports of knowledge have been responsible for an almost 200% increase in TFP over the past century, but that the spillover effect has been highly unevenly distributed across countries, but has contributed to TFP convergence among the OECD countries.

Read the full project description here

You can read the Working paper Technology Spillover through Trade and TFP Convergence: 120 Years of Evidence for the OECD Countries by Jakob Brøchner Madsen, 2005-01 here

and below you can read the Journal articles

Economic Growth, TFP Convergence and the World Export of Ideas: A Century of Evidence, Scandinavian Journal of Economics 110(1), 145–167, 2008, Jakob Brøchner Madsen here

Technology spillover through trade and TFP convergence: 135 years of evidence for the OECD countries, Journal of International Economics 72 (2007) 464–480, Jakob Brøchner Madsen Jakob B. Madsen here

Semi-endogenous versus Schumpeterian growth models: testing the knowledge production function using international data, Journal of Economic Growth(2008) 13:1–26, Jakob B. Madsen here

Are there diminishing returns to R&D?, Economics Letters 95 (2007) 161–166, Jakob Brøchner Madsen here