Citation

Discussion Paper Details

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Title: Technology Transfer through Imports

Author(s): Ram C. Acharya and Wolfgang Keller

Publication Date: May 2007

Keyword(s): cross-country income distribution, international technology spillovers, productivity growth and technical change

Programme Area(s): International Trade and Regional Economics

Abstract: While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor accumulation, domestic R&D, and foreign technological spillovers. The empirical analysis encompasses seventeen industrialized countries in four continents over three decades, at a level disaggregated enough to identify innovations in a number of key high-tech sectors. International technology transfer is found to play a crucial part in accounting for income differences. We also relate technology transfer to imports, showing that imports are often a major channel. At the same time, our analysis highlights that international technology transfer varies importantly across industries and countries.

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Bibliographic Reference

Acharya, R and Keller, W. 2007. 'Technology Transfer through Imports'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6296