Economic Growth, Technology Trade and R&D

6 Pages Posted: 23 Oct 2010

See all articles by Daniel Toro González

Daniel Toro González

Universidad Tecnológica de Bolívar (UTB); WSU

Date Written: 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.

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

JEL Classification: E13, O47

Suggested Citation

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

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

Register to save articles to
your library

Register

Paper statistics

Downloads
90
Abstract Views
818
rank
280,390
PlumX Metrics