Catching up to the technology frontier: The dichotomy between innovation and imitation

Vol: 
26/2009
Author name: 
Madsen JB
Islam MR
Ang JB
Year: 
2009
Month: 
January
Abstract: 

This research examines whether technology transfer, research intensity, educational attainment and the ability to absorb foreign technology help explain cross-country differences in productivity growth. Our data comprise a panel of 55 countries including 23 OECD and 32 developing economies over the period 1970-2004. The results show that TFP growth in both OECD and developing countries is positively affected by research intensity, distance to the frontier, research intensity-based absorptive capacity and educational attainment-based absorptive capacity. However, they reveal large differences between developed and developing countries.

Publication file: 

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