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Why some countries are slow in acquiring new technologies? A model of trade-led diffusion and absorption

Title
Why some countries are slow in acquiring new technologies? A model of trade-led diffusion and absorption
Author
Das, Gouranga G.
Keywords
Technology diffusion; Trade; Syndromes; Capture; R&D; PRODUCTIVITY GROWTH; ECONOMIC-GROWTH; SPILLOVERS; WORLD; IDEAS; INNOVATION; GRAVITY; FACTS; ORDER; G20
Issue Date
2015-01
Publisher
ELSEVIER SCIENCE INC
Citation
JOURNAL OF POLICY MODELING, v. 37, No. 1, Page. 65-91
Abstract
Drawing on the stylized facts and evidences, in a computable general equilibrium (CGE) model, this paper examines the impact on TFP of North–South, North–North trade-related triangular R&D spillovers. By constructing different technology appropriation parameters based on embodied and disembodied R&D, absorption and learning effects, it shows: (i) North–South R&D flows have a positive impact on TFP; (ii) human capital-induced skill facilitates North–South R&D flows; (iii) socio-institutional and technology adoption parameters do play roles for knowledge flows, its capture, and transmission. Such technology diffusion and assimilation counters the adverse impact of North–South geographical distance on productivity dynamics.
URI
http://www.sciencedirect.com/science/article/pii/S0161893815000022http://hdl.handle.net/20.500.11754/35423
ISSN
0161-8938; 1873-8060
DOI
10.1016/j.jpolmod.2015.01.001
Appears in Collections:
COLLEGE OF BUSINESS AND ECONOMICS[E](경상대학) > ECONOMICS(경제학부) > Articles
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