| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7356210 | Journal of Applied Economics | 2014 | 30 Pages |
Abstract
This paper analyses the validity of second generation endogenous growth theories for six developed countries and ten manufacturing sectors over the period 1979-2001, applying modern tests and estimation procedures for the treatment of panel data. The basic autonomous innovation-driven model is extended to include international technology transfer and different measures of absorptive capacity. The estimates give great support to semi-endogenous growth theory. Furthermore, Schumpeterian or fully-endogenous growth theory has some support in the high impact of distance to the frontier variable which represents autonomous technology transfer.
Related Topics
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Authors
Sara Barcenilla-Visús, Carmen López-Pueyo, Jaime Sanaú-Villarroya,