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2 edition of How trade patterns and technology flows affect productivity growth found in the catalog.

How trade patterns and technology flows affect productivity growth

Keller, Wolfgang

How trade patterns and technology flows affect productivity growth

by Keller, Wolfgang

  • 384 Want to read
  • 28 Currently reading

Published by World Bank, Development Research Group in Washington, DC .
Written in English

    Subjects:
  • Investments, Foreign.,
  • International trade.,
  • Production functions (Economic theory),
  • Industrial productivity -- Mathematical models.,
  • Research, Industrial -- Mathematical models.

  • Edition Notes

    StatementWolfgang Keller.
    SeriesPolicy research working paper ;, 1831, Policy research working papers ;, 1831.
    ContributionsWorld Bank. Development Research Group.
    Classifications
    LC ClassificationsHG3881.5.W57 P63 no. 1831
    The Physical Object
    Pagination17, [17] p. :
    Number of Pages17
    ID Numbers
    Open LibraryOL418390M
    LC Control Number98122107

    technology, energy and other natural resources, transportation costs and the institutional framework – are likely to evolve in the coming years. C. Fundamental economic factors affecting international trade. trends are likely to affect international trade patterns. The pattern of trade. The global economy has grown continuously since the Second World War. Global growth has been accompanied by a change in the pattern of trade, which reflects ongoing changes in structure of the global economy. These changes include the rise of regional trading blocs, deindustrialisation in many advanced economies, the increased participation of former communist .

    and trade without considering any threshold effects. Fink et al. () analysed the effect of communication costs on bilateral trade flows by taking into account that this effect might vary with sectoral characteristics. Their results show that cross-country variations in communication costs have a significant effect on international by: productivity. Old and new trade theories, the theory of economic growth are main theories used for the analysis of trade-productivity link in the paper. In the paper trade-productivity link is analysed on different levels. On macroeconomic level the role of international trade to productivity is emphasized via import and export.

    flows. Following the sharp decline in capital flows worldwide precipitated by the global crisis of , FDI flows to developing countries rebounded more quickly than other components of global capital flows (Duttagupta et al., ) and remain high, at roughly 10 percent of gross fixed capital formation   Foreign Direct Investment: Foreign direct investment (FDI) tends to increase at a much greater rate than the growth in world trade, helping boost technology transfer, industrial restructuring, and the growth of global companies.; Technological Innovation: Increased competition from globalization helps stimulate new technology development, particularly with the growth in FDI, which helps.


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How trade patterns and technology flows affect productivity growth by Keller, Wolfgang Download PDF EPUB FB2

How Trade Patterns and Technology Flows Affect Productivity Growth Wolfgang Keller. NBER Working Paper No. Issued in March NBER Program(s):International Trade and Investment, Productivity, Innovation, and Entrepreneurship This paper examines the evidence on technology diffusion through trade in differentiated intermediate by: It is generally difficult to separate the effect of importing intermediate goods with embodied technology from the effect of other channels of international technology transmission.

According to this study, international trade contributes 20 percent of the total effect on productivity from foreign research and development investments. It is clear that the pattern of trade in intermediate inputs is central to this technology diffusion hypothesis.

Both the increasing variety and the reverse-engineering effects are tied to arm's length market transactions of goods. The first hypothesis concerns the composition of imports by a File Size: 2MB. The importance of trade patterns in determining technology flows is quantified using industry-level data for machinery goods imports and productivity from eight member countries of the Organisation for Economic Co-operation and Development between and Cited by: international trade, the analysis in this paper has allowed to quantify its contrib ution to the total effect derived from foreign R&D investments, which is about 20%.

Abstract This article presents a model suggesting that the pattern of a country's intermediate goods imports affects its level of productivity because a country that imports such goods primarily from technological leaders receives more technology.

How trade patterns and technology flows affect productivity growth, Working Paper num. By Wolfgang Keller. Abstract. As a factor influencing productivity, a country’s own research and development to generate new technology is more important than that of the average foreign country.

It is generally difficult to separate the effect of Author: Wolfgang Keller. The importance of trade patterns in determining technology flows is quantified using industry-level data for machinery goods imports and productivity from eight member countries of the. Do trade patterns and technology flows affect productivity growth.

(English) Abstract. This article presents a model suggesting that the pattern of a country's intermediate goods imports affects its level of productivity because a country that imports such goods primarily from technological leaders receives more technology than a country Cited by: Get this from a library.

How trade patterns and technology flows affect productivity growth. [Wolfgang Keller; National Bureau of Economic Research.].

Because intermediates are invented through costly research and development (R&D) investments, employing imported intermediates implies an implicit sharing of the technology that was created in other countries. The model predicts that the import patterns of countries matters for productivity, because a country that imports primarily from technological leaders receives more technology embodied in intermediate goods than another that imports primarily from follower countries.

Abstract: This article presents a model suggesting that the pattern of a country's intermediate goods imports affects its level of productivity because a country that imports such goods primarily from technological leaders receives more technology than a country that imports primarily from follower countries.

The importance of trade patterns in determining technology flows is quantified Cited by: BibTeX @MISC{Keller99howtrade, author = {Wolfgang Keller}, title = {How trade patterns and technology flows affect productivity growth, Working Paper num.

}, year = {}}. One strand focuses on research activity, technology diffusion, and growth. The other examines technology and trade.

In this paper we exploit the common treatment of technology in these two strands to provide a parsimonious model of innovation, growth, and trade. We examine the effect of lower geographic barriers to trade on research and the Cited by: Additional Physical Format: Online version: Keller, Wolfgang, How trade patterns and technology flows affect productivity growth.

Washington, DC: World Bank, Development Research Group, []. The slowdown in productivity growth is one of the most promi-nent features of the world economy in recent years. Despite measurement concerns, there is a growing consensus that pro.

In particular, it shows how trade, investment and technology decisions at firm level interact with each other and affects aggregate productivity growth.

New avenues for trade, innovation, and productivity growth are being created, but there are also risks. In my chapter in the just-published book “ Growth in a Time of Change,” I examine the. Productivity measures the way in which an economic system or business can leverage available functional inputs to generate meaningful concept drives economies towards higher degrees of efficiency in production and thus higher economic growth and standards of living.

As a result, improving productivity is a critical objective for societies to increase their relative wealth. Globalization, structural change and productivity growth Margaret McMillan and Dani Rodrik * 2 49 Introduction One of the earliest and most central insights of the literature on economic development is that development entails structural change.

The countries that manage to pull themselves out of poverty and get richer are those that are. The paper estimates an empirical relation based on Krugman’s ‘technological gap’ model to explore the influence of the pattern of international trade and production on the overall productivity growth of a developing country.

A key result is that increased import competition in medium-growth (but not in low- or high-growth) manufacturing sectors enhances overall productivity by: 5.New Policies Needed to Ensure Developing Countries Can Compete.

WASHINGTON, Septem – Advances in technology and changing trade patterns are affecting opportunities for export-led automation, advanced robotics and 3-D printing are new factors influencing which locations are attractive for production.

For instance, over –14, knowledge flows from the technology leaders may have generated, for an average country-sector, about percentage point of labor productivity growth per year.

This amounts to about 40 percent of the observed average productivity growth over –