Technological convergence, R&D, trade and productivity growth

By G. Cameron, James Proudman, S. Redding. 2005

360 citations recorded by the source corpus.

This paper analyses productivity growth in a panel of 14 United Kingdom manufacturing industries since 1970. Innovation and technology transfer provide two potential sources of productivity growth for a country behind the technological frontier. We examine the roles played by research and development (R&D), international trade, and human capital in stimulating each source of productivity growth. Technology transfer is statistically significant and quantitatively important. While R&D raises rates of innovation, international trade enhances the speed of technology transfer. Human capital primarily affects output through private rates of return (captured in our index of labour quality) rather than measured TFP.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ef772cd768681842d8fa63a26731af2e959d30c1

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In Economics and Econometrics

Citations in the corpus

Market Services Productivity Across Europe and the US (2007, neutral): “Cameron et al. (2005), Griffith et al. (2004), Nicoletti and Scarpetta (2003) and Vandenbussche et al.”
R&D and productivity in OECD firms and industries: A hierarchical meta-regression analysis ☆ (2016, neutral): “To minimise the risk of multicollinearity and over-fitting, we estimate (12) through a generalto-specific estimation routine, whereby we omit the most insignificant variables one at a time until all remaining covariates are statistically significant.”
Output, Input and Productivity Measures at the Industry Level: The EU KLEMS Database* (2009, neutral): “15 See e.g. Cameron et al. (2005), Griffith et al. (2004), Nicoletti and Scarpetta (2003), Vandenbussche et al. (2006) and Inklaar et al. (2008).”
CO2 Emissions, Research and Technology Transfer in China (2009, neutral): “Second, there is a growing literature suggesting that domestic research activity plays a crucial role in facilitating the transfer of foreign technology (see Howitt, 2000; Griffith et al. 2003, 2004; Cameron et al., 2005; Hu et al., 2005).”
Public R&D Policies and Private R&D Investment: A Survey of the Empirical Evidence (2015, methodology): “In this vein, applying a matching framework to samples of French and Italian firms, respectively, Duguet (2004) and Carboni (2011) reject crowding-out and find that public subsidies on average increase private R&D. Czarnitzki and Hussinger (2004) confirm these results for the German business sector.”
Is a higher rate of R&D tax credit a panacea for low levels of R&D in disadvantaged regions? (2009, background): “7 An alternative approach considers the ‘two faces of R&D’ concept introduced by Cohen and Levinthal (1989), whereby R&D has a direct and an indirect impact on TFP (e.g. Griffith et al. 2004; Cameron et al. 2005).”
FDI and productivity convergence in Central and Eastern Europe: an industry-level investigation (2010, neutral): “26 This is the approach pursued by Cameron et al. (2005) in a similar setup covering UK manufacturing industries. effect is particularly strong in the manufacturing sector.”
Effect of FDI and Time on Catching Up: New Insights from a Conditional Nonparametric Frontier Analysis (2015, result): “Hence, our findings support the studies highlighting that lowering barriers to entry of foreign goods and investments have exerted a significantly positive effects on productivity through efficiency and technology gains, e.g. Borensztein et al. (1998), Cameron et al. (2005).”