Technology clubs, R&D and growth patterns: Evidence from EU manufacturing

European Economic Review

Volumn 54, Issue 1, 2010, Pages 60-79

  Bos, J W B ^a   Economidou, C ^a   Koetter, M ^b  

^a UTRECHT UNIVERSITY   (Netherlands)

^b UNIVERSITY OF GRONINGEN   (Netherlands)

Author keywords

Efficiency; Growth; Latent class; R D; Stochastic frontier analysis; Technology clubs

Indexed keywords

DEVELOPMENT STRATEGY; ECONOMIC GROWTH; EUROPEAN UNION; MANUFACTURING; RESEARCH AND DEVELOPMENT; SPILLOVER EFFECT; STOCHASTICITY;

EID: 73549097507     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.euroecorev.2009.04.012     Document Type: Article

References (81)

1. Acemoglu D., and Zilibotti F. Productivity differences. Quarterly Journal of Economics 116 2 (2001) 563-606
2. Aghion P., and Howitt P. Endogenous Growth Theory (1997), MIT Press, Massachusetts, USA
3. Aigner D.J., Lovell K.C., and Schmidt P. Formulation and estimation of stochastic frontier production function models. Journal of Econometrics 6 1 (1977) 21-37
4. Arcelus F.J., and Arocena P. Convergence and productive efficiency in fourteen OECD countries: a non-parametric frontier approach. International Journal of Production Economics 66 2 (2000) 105-117
5. Azariadis C., and Drazen A. Threshold externalities in economic development. Quarterly Journal of Economics 105 2 (1990) 501-526
6. Barro R.J. Economic growth in a cross-section of countries. Quarterly Journal of Economics 106 2 (1991) 407-443
7. Barro R.J., and Sala-i-Martin X.X. Convergence across states and regions. Brookings Papers on Economic Activity 1 (1991) 107-181
8. Barro R.J., and Sala-i-Martin X.X. Convergence. Journal of Political Economy 100 2 (1992) 223-251
9. Barro R.J., and Sala-i-Martin X.X. Economic Growth (1995), McGraw-Hill, New York
10. Basu S., and Weil D. Appropriate technology and growth. Quarterly Journal of Economics 113 4 (1998) 1025-1054
11. Battese G.E., and Corra G.S. Estimation of a production frontier model, with application to the pastoral zone of Eastern Australia. Australian Journal of Agricultural Economics 21 3 (1977) 169-179
12. Baumol W.J. Productivity growth, convergence, and welfare: what the long-run data show. American Economic Review 76 5 (1986) 1072-1085
13. Bernard A.B., and Jones C.I. Comparing apples to oranges: productivity convergence and measurement across industries and countries. American Economic Review 86 5 (1996) 1216-1238
14. Bernard A.B., and Jones C.I. Productivity across industries and countries: time series theory and evidence. Review of Economics and Statistics 78 1 (1996) 135-146
15. Bernard A.B., and Jones C.I. Technology and convergence. Economic Journal 106 437 (1996) 1037-1044
16. Bos, J.W.B., Economidou, C., Sanders, M., 2007. R&D over the life cycle. Discussion Paper 07-18, Tjalling Koopmans Institute Working Papers, Utrecht School of Economics, Utrecht University.
17. Bottazzi L. Globalization and local proximity in innovation: a dynamic process. European Economic Review 45 4-6 (2001) 731-741
18. Boussemart J.-P., Briec W., Cadoret I., and Tavera C. A re-examination of the technological catching-up hypothesis across OECD industries. Economic Modelling 23 6 (2006) 967-977
19. Cameron G., Proudman J., and Redding S. Technological convergence, R&D, trade and productivity growth. European Economic Review 49 3 (2005) 775-809
20. Caselli F. Accounting for cross-country growth differences. In: Aghion P., and Durlauf S. (Eds). Handbook of Economic Growth (2005), Elsevier, Amsterdam (Chapter 9)
21. Caves R.E., and Barton D. Efficiency in U.S. Manufacturing Industries (1990), MIT Press, Cambridge, MA
22. Coelli T., Rao D.P., and Battese G.E. An Introduction to Efficiency Analysis. second ed. (2005), Springer, New York
23. Cohen W.M., and Levinthal D.A. Innovation and learning: the two faces of R&D. Economic Journal 99 397 (1989) 569-596
24. Connolly, M.P., 1998. The dual nature of trade: measuring its impact on imitation and growth, Federal Reserve Bank of New York, Staff Reports, no. 44.
25. Dowdy W.L., and Nikolchev J. Can industries de-mature? Applying new technologies to mature industries. Long Range Planning 19 2 (1986) 38-49
26. Durlauf S.N., and Johnson P.A. Multiple regimes and cross-country growth behaviour. Journal of Applied Econometrics 10 4 (1995) 365-384
27. Easterly W. Economic stagnation, fixed factors, and policy thresholds. Journal of Monetary Economics 33 3 (1994) 525-557
28. Easterly W., and Levine R. It's not factor accumulation: stylized facts and growth models. The World Bank Economic Review 15 2 (2001) 177-219
29. Färe R., Grosskopf S., Norris M., and Zhang Z. Productivity growth, technical progress, and efficiency change in industrialized countries. American Economic Review 84 1 (1994) 66-83
30. Garcia Pascual A., and Westermann F. Productivity convergence in European manufacturing. Review of International Economics 10 2 (2002) 313-323
31. Gemser G., Leenders M.A., and Wijnberg N.J. The dynamics of inter-firm networks in the course of the industry life cycle: the role of appropriability. Technology Analysis & Strategic Management 8 4 (1996) 439-454
32. GGDC, 2006. Groningen Growth and Development Centre, 60-Industry Database. GGDC, Groningen, Netherland. 〈http://www.ggdc.net〉.
33. Goldfelfd S.M., and Quandt R.E. Estimation in a disequilibrium model and the value of information. Journal of Econometrics 3 4 (1975) 325-348
34. Gordon, R.H., Schankerman, M.A., Spady, R.H., 1987. Estimating the effects of R&D on Bell System productivity: a model of embodied technical change. NBER Working Paper Series, no. 1607.
35. Gouyette C., and Perelman S. Productivity convergence in OECD service industries. Structural Change and Economic Dynamics 8 3 (1997) 279-295
36. Greene, W.H., 2002a. Alternative Panel Data Estimators for Stochastic Frontier Models. Mimeo. Available at: 〈http://pages.stern.nyu.edu/wgreene/〉.
37. Greene W.H. Econometric Modeling Guide (2002), Econometric Software, Inc., New York
38. Greene W.H. Reconsidering heterogeneity in panel data estimators of the stochastic frontier model. Journal of Econometrics 126 2 (2005) 269-303
39. Griffith R., Redding S., and van Reenen J. Mapping the two faces of R&D: productivity growth in a panel of OECD industries. Review of Economics and Statistics 86 4 (2004) 883-895
40. Griliches Z. R&D and Productivity: The Econometric Evidence (1998), University of Chicago Press, Chicago, USA
41. Grossman G., and Helpman E. Innovation and Growth in the Global Economy (1991), MIT Press, Massachusetts, USA
42. Hall B., and Mairesse J. Exploring the relationship between R&D and productivity in French manufacturing firms. Journal of Econometrics 65 (1995) 263-293
43. Hall R.E., and Jones C.I. Why do some countries produce so much more output per worker than others?. Quarterly Journal of Economics 114 1 (1999) 83-116
44. Hallward-Driemeier, M., Iarossi, G., Sokoloff, K.L., 2002. Exports and manufacturing productivity in East Asia: a comparative analysis with firm-level data. NBER Working Paper, no. 8894.
45. Hatzichronoglou, T., 1997. Revision of the high-technology sector and product classification. OECD Science, Technology and Industry Working Papers, no. 1997/2.
46. Helpman, E., 2006. Trade, FDI, and the organization of firms. NBER Working Paper, 12091.
47. Hercowitz Z. The 'embodiment' controversy: a review essay. Journal of Monetary Economics 41 1 (1998) 217-224
48. Howitt P. General purpose technologies and economic growth. In: Helpman E. (Ed). Measurement, Obsolescence and General Purpose Technologies (1998), MIT Press, Cambridge, MA 219-252
49. Islam N. Growth empirics: a panel data approach. Quarterly Journal of Economics 110 4 (1995) 1127-1170
50. Jondrow J., Knox Lovell C.A., Materov I.S., and Schmidt P. On the estimation of technical inefficiency in the stochastic frontier production function models. Journal of Econometrics 19 2-3 (1982) 233-238
51. Jones C.I. The shape of production functions and the direction of technical change. Quarterly Journal of Economics 120 2 (2005) 517-549
52. Kejak M. Stages of growth in economic development. Journal of Economic Dynamics and Control 27 5 (2003) 771-800
53. Keller W. Trade and transmission of technology. Journal of Economic Growth 7 1 (2002) 5-24
54. Kneller R., and Stevens P. Frontier technology and absorptive capacity: evidence from OECD manufacturing industries. Oxford Bulletin of Economics and Statistics 68 1 (2006) 1-21
55. Koop G. Cross-sectoral patterns of efficiency and technical change in manufacturing. International Economic Review 42 1 (2001) 73-103
56. Koop G., Osiewalski J., and Steel M.F. The components of output growth: a stochastic frontier analysis. Oxford Bulletin of Economics and Statistics 61 4 (1999) 455-487
57. Koop G., and Osiewalski J. Modeling the sources of output growth in a panel of countries. Journal of Business and Economic Statistics 18 3 (2000) 284-299
58. Korkeamäki, T., Koskinen, Y., Takalo, T., 2007. Phoenix rising: legal reforms and changes in valuations in Finland during the economic crisis. Discussion Paper 1/2007, Bank of Finland.
59. Kumar S., and Russell R.R. Technological change, technological catch-up, and capital deepening: relative contributions to growth and convergence. American Economic Review 92 3 (2002) 527-548
60. Kumbhakar S.C., and Lovell K.C. Stochastic Frontier Analysis (2000), Cambridge University Press, Cambridge
61. Levine R., and Renelt D. A sensitivity analysis of cross-country growth regressions. American Economic Review 82 4 (1992) 942-963
62. Limam, Y.R., Miller, S.M., 2004. Explaining economic growth: factor accumulation, total factor productivity growth, and production efficiency improvement. Department of Economics Working Paper Series, 2004-20, Connecticut University.
63. Link A.N., and Siegel D.S. Technological Change and Economic Performance (2003), Routledge, New York, USA
64. Link A.N., and Siegel D.S. Innovation, Entrepreneurship, and Technological Change (2007), Oxford University Press, Oxford, UK
65. Los B., and Timmer M.P. The appropriate technology explanation of productivity growth differentials: an empirical approach. Journal of Development Economics 77 2 (2005) 517-531
66. Maddison A. Growth and slowdown in advanced capitalist countries: techniques of quantitative assessment. Journal of Economic Literature 25 2 (1987) 649-698
67. Mankiw G.N., Romer D., and Weil D.N. A contribution to the empirics of economic growth. Quarterly Journal of Economics 107 2 (1992) 407-437
68. Meeusen W., and van den Broeck J. Efficiency estimation from Cobb-Douglas production functions with composed error. International Economic Review 18 2 (1977) 435-444
69. Melitz M.J. The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica 71 6 (2003) 1695-1725
70. OECD, 1993. Methods used by OECD Countries to measure Stocks of Fixed Capital. OECD, Paris, France.
71. OECD, 2000. Regulatory Reform in Spain. OECD Publishing, Paris, France.
72. OECD, 2002a. OECD Bussiness Enterprice Expenditure on R&D (BERD). OECD, Paris, France.
73. OECD, 2002b. OECD Structural Analysis Database (STAN). OECD, Paris, France.
74. OECD, 2005. OECD Science, Technology and Industry Scoreboard. OECD, Paris, France.
75. Orea L., and Kumbhakar S.C. Efficiency measurement using a latent class stochastic frontier model. Empirical Economics 29 1 (2004) 169-183
76. Persson T., and Tabellini G. Is inequality harmful for growth?. American Economic Review 84 3 (1994) 600-621
77. Scarpetta, S., Tressel, T., 2002. Productivity and convergence in a panel of OECD industries: do regulations and institutions matter? OECD Economics Department Working Papers, no. 342.
78. Segerstrom P.S. Innovation, imitation, and economic growth. Journal of Political Economy 99 4 (1991) 807-827
79. Solow R.M. Technical change and the aggregate production function. Review of Economics and Statistics 39 3 (1957) 312-320
80. Temple J. The new growth evidence. Journal of Economic Literature 37 1 (1999) 112-156
81. Tsionas E.G., and Kumbhakar S.C. Markov switching stochastic Frontier model. Econometrics Journal 7 2 (2004) 398-425