Does knowledge spill over across borders and technology regimes?
Copyright policy )Does knowledge spill over across borders and technology regimes?
This paper investigates whether technology spills over across national borders and technology regimes. We advocate a modeling strategy where improvements in technical efficiency capture technology spillovers as industries absorb and implement the best-practice technology. Dynamic panel-based techniques are used to determine whether efficiency series move together in the long run (cointegrate) and/or move closer together over time (converge). We control for technological heterogeneity and for cross-sectional dependence in the data. For a panel of manufacturing industries in six EU countries, we find evidence of technology spillovers and convergence among industries’ efficiency levels across countries and mainly across adjacent technology regimes.
- University of Piraeus Greece
- IPAG Business School France
- Maastricht University Netherlands
- UNIVERSITY OF PIRAEUS RESEARCH CENTER Greece
Single Equation Models; Single Variables: Models with Panel Data; Longitudinal Data; Spatial Time Series, Economics and Econometrics, UNIT-ROOT TESTS, o14 - "Industrialization; Manufacturing and Service Industries; Choice of Technology", PRODUCTIVITY GROWTH, Efficiency, TECHNICAL CHANGE, DOMESTIC FIRMS, l60 - Industry Studies: Manufacturing: General, Panel cointegration, Manufacturing industries, FOREIGN DIRECT-INVESTMENT, Business and International Management, Technology spillovers, c23 - "Single Equation Models; Single Variables: Models with Panel Data; Longitudinal Data; Spatial Time Series", 2 FACES, RESEARCH-AND-DEVELOPMENT, Industrialization; Manufacturing and Service Industries; Choice of Technology, HETEROGENEOUS PANELS, ABSORPTIVE-CAPACITY, OECD INDUSTRIES, Industry Studies: Manufacturing: General, Convergence, Social Sciences (miscellaneous)
Single Equation Models; Single Variables: Models with Panel Data; Longitudinal Data; Spatial Time Series, Economics and Econometrics, UNIT-ROOT TESTS, o14 - "Industrialization; Manufacturing and Service Industries; Choice of Technology", PRODUCTIVITY GROWTH, Efficiency, TECHNICAL CHANGE, DOMESTIC FIRMS, l60 - Industry Studies: Manufacturing: General, Panel cointegration, Manufacturing industries, FOREIGN DIRECT-INVESTMENT, Business and International Management, Technology spillovers, c23 - "Single Equation Models; Single Variables: Models with Panel Data; Longitudinal Data; Spatial Time Series", 2 FACES, RESEARCH-AND-DEVELOPMENT, Industrialization; Manufacturing and Service Industries; Choice of Technology, HETEROGENEOUS PANELS, ABSORPTIVE-CAPACITY, OECD INDUSTRIES, Industry Studies: Manufacturing: General, Convergence, Social Sciences (miscellaneous)
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