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


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: or

Daniel Toro González (Contact Author)

Universidad Tecnológica de Bolívar (UTB) ( email )

Manga Calle del Bouquet
Campus de Ternera, Parque Industrial y Tecnológico
Cartagena, Bolívar


Pullman, WA 99164
United States


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