North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America
This paper examines the impact on total factor productivity in Latin America and the Caribbean (LAC) and in other developing countries of trade-related technology diffusion from the North) (denoted by NRD), education, and governance, research and d...
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2012
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okr-10986-37862021-04-23T14:02:12Z North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America Schiff, Maurice Wang, Yanling ABSORPTIVE CAPACITY ACCOUNTABILITY AGGREGATING GOVERNANCE INDICATORS AVERAGE LEVEL BUSINESS REGULATIONS CIVIL LIBERTIES CORRUPTION CRIME DOMESTIC R&D ECONOMICS EDUCATIONAL ATTAINMENT ENFORCEABILITY EQUIPMENT FOREIGN R&D GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE VARIABLES GOVERNMENT EFFECTIVENESS GROWTH CYCLE GROWTH CYCLES GROWTH OF R&D GROWTH RATE GROWTH RATES HUMAN CAPITAL INCOME INNOVATION INNOVATIONS INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE INVENTORY INVESTMENT IN R&D MANUFACTURING MANUFACTURING INDUSTRIES NEW TECHNOLOGIES POLITICAL INSTABILITY POLITICAL RIGHTS POLITICAL STABILITY PRODUCTIVITY PROPERTY RIGHTS R&D R&D EXPENDITURES R&D INTENSITIES R&D INTENSITY R&D SPILLOVERS R&D-INTENSIVE INDUSTRIES REGULATORY BURDEN RESULT RESULTS RULE OF LAW SKILLED WORKERS TEXTILES WEB WOOD This paper examines the impact on total factor productivity in Latin America and the Caribbean (LAC) and in other developing countries of trade-related technology diffusion from the North) (denoted by NRD), education, and governance, research and development The NRD value for a developing country is an average of R&D stocks in the North, with weights related to openness with the North. Industry-specific NRD is based on the North s industry-specific R&D, North-South trade patterns, and input-output relations in the South. The main findings are: i) the impact of education and governance on TFP is significantly larger in LAC than in other developing countries, while the opposite holds for NRD; and ii) education, governance and NRD have additional effects on TFP in LAC s R&D-intensive industries through their interaction with either or both of the other two variables; and iii) since NRD increases with openness and with R&D in the North, both variables raise the South's TFP directly as well as through their interaction with education and governance. These interaction effects imply that increasing the level of any of the three policy variables -- education, governance, or openness --results in virtuous growth cycles. These are smallest under an increase in one of these variables, stronger under an increase in two of them and strongest under an increase in all three variables. 2012-03-19T18:39:47Z 2012-03-19T18:39:47Z 2010-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100510092815 http://hdl.handle.net/10986/3786 English Policy Research working paper ; no. WPS 5300 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Latin America & Caribbean Latin America & Caribbean |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ABSORPTIVE CAPACITY ACCOUNTABILITY AGGREGATING GOVERNANCE INDICATORS AVERAGE LEVEL BUSINESS REGULATIONS CIVIL LIBERTIES CORRUPTION CRIME DOMESTIC R&D ECONOMICS EDUCATIONAL ATTAINMENT ENFORCEABILITY EQUIPMENT FOREIGN R&D GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE VARIABLES GOVERNMENT EFFECTIVENESS GROWTH CYCLE GROWTH CYCLES GROWTH OF R&D GROWTH RATE GROWTH RATES HUMAN CAPITAL INCOME INNOVATION INNOVATIONS INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE INVENTORY INVESTMENT IN R&D MANUFACTURING MANUFACTURING INDUSTRIES NEW TECHNOLOGIES POLITICAL INSTABILITY POLITICAL RIGHTS POLITICAL STABILITY PRODUCTIVITY PROPERTY RIGHTS R&D R&D EXPENDITURES R&D INTENSITIES R&D INTENSITY R&D SPILLOVERS R&D-INTENSIVE INDUSTRIES REGULATORY BURDEN RESULT RESULTS RULE OF LAW SKILLED WORKERS TEXTILES WEB WOOD |
spellingShingle |
ABSORPTIVE CAPACITY ACCOUNTABILITY AGGREGATING GOVERNANCE INDICATORS AVERAGE LEVEL BUSINESS REGULATIONS CIVIL LIBERTIES CORRUPTION CRIME DOMESTIC R&D ECONOMICS EDUCATIONAL ATTAINMENT ENFORCEABILITY EQUIPMENT FOREIGN R&D GLOBAL ECONOMY GOOD GOVERNANCE GOVERNANCE VARIABLES GOVERNMENT EFFECTIVENESS GROWTH CYCLE GROWTH CYCLES GROWTH OF R&D GROWTH RATE GROWTH RATES HUMAN CAPITAL INCOME INNOVATION INNOVATIONS INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE INVENTORY INVESTMENT IN R&D MANUFACTURING MANUFACTURING INDUSTRIES NEW TECHNOLOGIES POLITICAL INSTABILITY POLITICAL RIGHTS POLITICAL STABILITY PRODUCTIVITY PROPERTY RIGHTS R&D R&D EXPENDITURES R&D INTENSITIES R&D INTENSITY R&D SPILLOVERS R&D-INTENSIVE INDUSTRIES REGULATORY BURDEN RESULT RESULTS RULE OF LAW SKILLED WORKERS TEXTILES WEB WOOD Schiff, Maurice Wang, Yanling North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
geographic_facet |
Latin America & Caribbean Latin America & Caribbean |
relation |
Policy Research working paper ; no. WPS 5300 |
description |
This paper examines the impact on total
factor productivity in Latin America and the Caribbean (LAC)
and in other developing countries of trade-related
technology diffusion from the North) (denoted by NRD),
education, and governance, research and development The NRD
value for a developing country is an average of R&D
stocks in the North, with weights related to openness with
the North. Industry-specific NRD is based on the North s
industry-specific R&D, North-South trade patterns, and
input-output relations in the South. The main findings are:
i) the impact of education and governance on TFP is
significantly larger in LAC than in other developing
countries, while the opposite holds for NRD; and ii)
education, governance and NRD have additional effects on TFP
in LAC s R&D-intensive industries through their
interaction with either or both of the other two variables;
and iii) since NRD increases with openness and with R&D
in the North, both variables raise the South's TFP
directly as well as through their interaction with education
and governance. These interaction effects imply that
increasing the level of any of the three policy variables --
education, governance, or openness --results in virtuous
growth cycles. These are smallest under an increase in one
of these variables, stronger under an increase in two of
them and strongest under an increase in all three variables. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Schiff, Maurice Wang, Yanling |
author_facet |
Schiff, Maurice Wang, Yanling |
author_sort |
Schiff, Maurice |
title |
North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
title_short |
North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
title_full |
North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
title_fullStr |
North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
title_full_unstemmed |
North-South Trade-Related Technology Diffusion : Virtuous Growth Cycles in Latin America |
title_sort |
north-south trade-related technology diffusion : virtuous growth cycles in latin america |
publishDate |
2012 |
url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100510092815 http://hdl.handle.net/10986/3786 |
_version_ |
1764388343324344320 |