The Effect of Technological Innovation on International Trade
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Títol
The Effect of Technological Innovation on International TradeData de publicació
2010Editor
Kiel Institute for the World EconomyISSN
1864-6042Cita bibliogràfica
MÁRQUEZ-RAMOS, Laura; MARTÍNEZ-ZARZOSO, Inmaculada. The effect of technological innovation on international trade. Economics: the open-access, open-assessment E-Journal, 2010, vol. 4, p. 11.Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
http://www.economics-ejournal.org/dataset/comments/comment.2009-07-08.3750567228.pdfVersió
info:eu-repo/semantics/publishedVersionParaules clau / Matèries
Resum
In this paper, the effect of technological innovation on sectoral exports is
analysed using a gravity model of trade. The technological achievement index (TAI) and
its four components, creation of technology, diffusion ... [+]
In this paper, the effect of technological innovation on sectoral exports is
analysed using a gravity model of trade. The technological achievement index (TAI) and
its four components, creation of technology, diffusion of old innovations, diffusion of
recent innovations and human skills, are used as proxies for technological innovation. The
two first components are considered proxies for knowledge acquisition and assimilation
(potential absorptive capacity), whereas the last two are taken as proxies for knowledge
transformation and exploitation (realised absorptive capacity). We hypothesise that the
effect of technological innovation on trade could vary according to the technological
achievement by generating a non-linear relationship between technological innovation and
trade. Our findings indicate a positive and non-linear effect of technological innovation on
export performance, which indicates that there are thresholds for positive signs to occur.
To foster exports, countries have to consider not only acquisition and assimilation
capabilities, but also transformation and exploitation capabilities once a minimum level of
potential absorptive capacity has been achieved [-]
Publicat a
Economics: the open-access, open-assessment E-Journal, 2010, vol. 4Drets d'accés
© Kiel Institute for the World Economy
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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