Long-Run Convergence in Manufacturing and Innovation-Based Models
Long-Run Convergence in Manufacturing and Innovation-Based Models
复制标题
制造和创新模型的长期融合
DOI：
10.1162/rest_a_00147
复制
发表时间：
2011
影响因子：
8
通讯作者：
Isfaaq Timol
中科院分区：
文献类型：
--
作者：
J. Madsen;Isfaaq Timol
尽管主要的经济增长理论预测了趋同，但大多数关于比较生产率的研究未能找到经合组织制造业趋同的证据。利用1870年至2006年期间19个经合组织国家的制造业数据，本研究发现了无条件的β-收敛和σ-收敛的有力证据。面板数据估计表明，正如熊彼特增长理论所预测的那样，国内研发、国际研发溢出和金融发展推动了这种趋同。
Abstract Most studies of comparative productivities fail to find evidence of convergence in OECD manufacturing despite major economic growth theories predicting convergence. Using manufacturing data for nineteen OECD countries over the period from 1870 to 2006, this study finds strong evidence of unconditional β-convergence as well as σ-convergence. Panel data estimates suggest that the convergence has been driven by domestic R&D, international R&D spillovers, and financial development as predicted by Schumpeterian growth theories.