Search results for "technology spillover"
showing 4 items of 4 documents
Foreign Taleovers and Wages: Theory and Evidence from Hungary
2005
This study discriminates FDI technology spillover from learning effects. Whenever learning takes time, our model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local competitors. Hence, the national wage bill is unaffected by foreign takeovers. In contrast to learning, technology spillover effects occur whenever a worker with MNE experience contributes more to local firms’ than to MNEs’ productivity. In this case, experienced MNE workers are hired by local firms and the host country obtains a welfare gain. We investigate empirically wages, productivity, and worker turnove…
Technology spillover and TFP growth: A spatial Durbin model
2016
Beginning with a model in which technological progress is reflected by product variety, we provide a structural approach to estimate technology spillovers allowing for spatial interdependencies. To this end, we first present a theoretical model of TFP growth by decomposing TFP into quality and variety components. We address the quality component by introducing a country׳s distance to the technological frontier. Quality is assumed to be a negative function of the technological gap of country i with respect to its own technological frontier. This technological threshold is defined as the geometric means of knowledge levels in all countries. We deal with the variety component by using R&D expe…
Economic analysis of the international cooperation to face global environmental problems
2013
Because of the doubts about the effectiveness of the Kyoto Protocol, several scholars have asked whether other types of agreements can be designed to achieve large reductions of GHG emissions. Designing a profitable and stable international environmental agreement (IEA) that deals with the shortcomings of Kyoto-type agreement is the main motivation of this work. One idea would be to focus on technology improvements in order to reduce abatement costs, as this might increase a country's willingness to undertake significant emission reductions. For example, it could be beneficial to supplement a Kyoto-type agreement with technology elements if technological development depends not only on a co…
Roles of Exogenous Technologies in Vehicle Innovation: Cases from a Japan’s Automotive Parts Manufacturing Firm
2017
This paper explores the roles of technological innovations in the growth of Japan’s motor vehicle industry, mainly from technology spillover perspective from the early 2000s to today. An empirical analysis focusing on business performances, R&D investments, and patent applications taking a noteworthy unique case in Japan was attempted. Empirical analyses on the productivity of patent to technology stock, use of exogenous technologies for their own technological innovation on its Automotive Business Unit elucidated that innovation capabilities, incorporation of exogenous technologies, and profit generation makes a virtuous cycle of continuous technological innovation. Furthermore, we fou…