Article ID Journal Published Year Pages File Type
7355871 Investigación Económica 2017 34 Pages PDF
Abstract
This work uses a balanced panel data, from the 31 Mexican states during 1997-2012, to identify the reasons of the differences between states with greater and lesser innovative dynamism. To do this, the Oaxaca-Blinder decomposition and the estimator proposed by Driscroll and Kraay are applied. The differences, in terms of innovative success, are mainly explained by the discrepancy in the amount and use of the human capital factor: the most innovative states have more human capital and make a better use of it. Public investment in research and development, as well as the spending on higher education, are factors that contribute also to explain the innovative success. Besides, the most innovative states have greater population density and more scientists, however, less innovative states make better use of these last factors.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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