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Economic Growth, Technology Trade and R&D


Daniel Toro González


Universidad Tecnológica de Bolívar (UTB); WSU
March 1, 2010


Abstract:     
The present project is oriented to evaluate the performance of technological trade and research and development (R&D) expenditure, as a measure of productivity in explaining economic growth. Using data for OECD countries under a simple neoclassical growth model framework, the role of technology trade and investment in R&D is verified as an approximate measurement of productivity. In this case two thirds of total economic growth can be explained jointly by the introduction of these two variables in to the model specification together with human and capital accumulation.

Number of Pages in PDF File: 6

Keywords: Cross-country growth, Technology Trade, Research and Development

JEL Classification: E13, O47

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Date posted: October 23, 2010  

Suggested Citation

Toro González, Daniel, Economic Growth, Technology Trade and R&D (March 1, 2010). Available at SSRN: http://ssrn.com/abstract=1695831 or http://dx.doi.org/10.2139/ssrn.1695831

Contact Information

Daniel Toro González (Contact Author)
Universidad Tecnológica de Bolívar (UTB) ( email )
Manga Calle del Bouquet
Campus de Ternera, Parque Industrial y Tecnológico
Cartagena, Bolívar
Colombia
WSU
Pullman, WA 99164
United States
HOME PAGE: http://cahnrs-cms.wsu.edu/ses/Pages/default.aspx
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