Does Technology Spill Over across National Borders and Technology Regimes?

J.W.B. Bos, B. Candelon, C. Economidou

    Research output: Working paperAcademic

    Abstract

    This paper investigates whether technology spills over across national borders and technology regimes. We advocate a modeling strategy where changes in technical efficiency capture technology spillovers as industries absorb and implement the best-practice (frontier) technology. Recently developed 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 contribute to the literature by controlling 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 long-run relationships among industries' efficiency levels in different countries and technology regimes.
    Furthermore, we find convergence among manufacturing industries, both across
    countries and across technology regimes.
    Original languageEnglish
    Place of PublicationUtrecht
    PublisherUU USE Tjalling C. Koopmans Research Institute
    Number of pages31
    Publication statusPublished - Oct 2008

    Publication series

    NameDiscussion Paper Series / Tjalling C. Koopmans Research Institute
    No.32
    Volume08
    ISSN (Electronic)2666-8238

    Keywords

    • technology spillovers
    • efficiency
    • panel cointegration
    • convergence
    • manufacturing industries

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