Semi-endogenous versus fully endogenous growth theory: a sectoral approach



Título del documento: Semi-endogenous versus fully endogenous growth theory: a sectoral approach
Revista: Journal of applied economics
Base de datos: CLASE
Número de sistema: 000394990
ISSN: 1667-6726
Autors: 1
1
1
Institucions: 1Universidad de Zaragoza, Zaragoza. España
Any:
Període: Nov
Volum: 16
Número: 2
Paginació: 1-30
País: Argentina
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés 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
Disciplines Economía
Paraules clau: Historia y filosofía de la economía,
Crecimiento endógeno,
Productividad,
Cambio tecnológico,
Teorías económicas,
Econometría,
Datos de panel
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