Technology Clubs and Growth Patterns: Evidence from EU Manufacturing

J.W.B. Bos, C. Economidou, M. Koetter

    Research output: Working paperAcademic

    Abstract

    This paper investigates the forces driving output change in a panel of EU manufacturing industries. A flexible modeling strategy is adopted that accounts for (i) inefficient use of resources, and (ii) differences in the production technology across industries. With our model we are able to identify technical, efficiency, and input growth for endogenously determined technology clubs. Both the technology clubs and the parameters within each club are modeled as a function of R&D intensity. This framework allows us to explore the components of output growth in each club, potential technology spillovers and catch-up issues across industries and countries.
    Original languageEnglish
    Place of PublicationUtrecht
    PublisherUU USE Tjalling C. Koopmans Research Institute
    Number of pages24
    Publication statusPublished - Mar 2008

    Publication series

    NameDiscussion Paper Series / Tjalling C. Koopmans Research Institute
    No.03
    Volume08
    ISSN (Electronic)2666-8238

    Keywords

    • growth
    • efficiency
    • R&D
    • stochastic frontier analysis
    • latent class

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