Medio siglo de innovación y transferencia de tecnología en España, 1950-2000
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Date:
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2012-07
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By:
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Antonio Cubel (Universitat de València)
Vicente Esteve (Universitat de València y Universidad de la Laguna) Juan A. Sanchis (Universitat de València y ERI-CES) María T. Sanchis (Universitat de València e Instituto Figuerola de Ciencias Sociales) |
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URL:
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In this study we analyse the effect of both foreign and domestic
technological innovation on Total Factor Productivity (TFP) for Spain in the
second half of the XXth century. For this purpose we estimate an extended
version of Coe and Helpman (1995) model including a general human capital
variable. The foreign and domestic stock of knowledge have been approximated
throughout several variables such as are the stock of R&D, the stock of
patents and the expenses for using foreign licenses and patents. Our results
suggest that the inflow of foreign technology had a positive and significant
effect on the Spanish TFP, being this effect higher than the effect of the
domestic stock of knowledge. Moreover, the openness to foreign trade has also
favoured the arrival of foreign technology and the increase of productivity.
Finally, it is interesting to highlight that our results indicate that human
capital played also a relevant role on the evolution of TFP
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Keywords:
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España: segunda mitad del siglo XX; transferencia internacional
de tecnología; patentes; productividad; técnicas de cointegración
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JEL:
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N14
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