Download or read book Weightless Machines and Costless Knowledge written by Giorgio Barba Navaretti and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also imbedded in technology. If, becaue of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap?
Download or read book Weightless Machines and Costless Knowledge written by Giorgio Barba Navaretti and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge, lacking weight and other physical attributes and being intangible, is a hidden factor of production, making economies grow "weightless." But knowledge is also embedded in technology. If, because of low productivity, poor countries keep buying low-technology machines, will they remain stuck in a low-technology, low-growth trap? Barba Navaretti and Soloaga examine the impact on productivity of technologies imported by a sample of developing and transition economies in Central and Eastern Europe and the Southern Mediterranean𕇬onomies becoming increasingly integrated with the European Union. They depart from earlier studies of technology diffusion by focusing on the technology embodied in the machines imported. Earlier work focused mostly on spillovers from foreign research and development conveyed through trade, without controlling for the characteristics of the goods imported. The authors jointly estimate the choice of foreign technology and its impact on domestic productivity for a set of manufacturing sectors. They proxy the technological level of the machines imported by using an index relating the unit value of the machines imported by a given country to the unit value of similar machines imported by the United States. At any point in time between 1989 and 1997, there is a persistent (even increasing) gap between the unit values of the machines imported by the United States and those imported by the sample of developing countries. Although developing economies buy increasingly productive machines, the technology embodied in the machines persistently lags behind that in the machines purchased by the United Statesőso far as unit values are good proxies of embodied technologies. Barba Navaretti and Soloaga also find that productivity growth in manufacturing depends on the types of machines imported in a given industry. So although the optimal choice for developing countries is to buy cheaper, less sophisticated machines, given local skills and factor prices, this choice has a cost in long-run productivity growth. If productivity is low, countries buy low- technology machines, but doing so keeps them in a low-technology, low-growth trap. This paperᔚ product of Trade, Development Research Groupőis part of a larger effort in the group to assess the role of trade in technology diffusion.
Download or read book Global Integration and Technology Transfer written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2006-04-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of international technology diffusion (ITD) for economic development can hardly be overstated. Both the acquisition of technology and its diffusion foster productivity growth. Developing countries have long sought to use both national policies and international agreements to stimulate ITD. The 'correct' policy intervention, if any, depends critically upon the channels through which technology diffuses internationally and the quantitative effects of the various diffusion processes on efficiency and productivity growth. Neither is well understood. New technologies may be embodied in goods and transferred through imports of new varieties of differentiated products or capital goods and equipment, they may be obtained through exposure to foreign buyers or foreign investors or they may be acquired through arms-length trade in intellectual property, e.g., licensing contracts. 'Global Integration and Technology Transfer' uses cross-country and firm level panel data sets to analyze how specific activities exporting, importing, FDI, joint ventures impact on productivity performance.
Download or read book Foreign Direct Investment Wage Inequality and Skilled Labor Demand in EU Accession Countries written by Giovanni Bruno and published by . This book was released on 2004 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper Series written by and published by . This book was released on 2002 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Footloose Capital Market Access and the Geography of Regional State Aid written by Gianmarco I. P. Ottaviano and published by . This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost benefit Analysis and the Rates of Return of Development Projects written by Massimo Florio and published by . This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Bank Policy Research Bulletin written by World Bank and published by . This book was released on 1999 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working on the Train written by Paolo Manasse and published by . This book was released on 2003 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigates the dynamics of manual and non-manual employment and wages in Italian manufacturing during the 1990s.
Download or read book Location Choices of Multinational Firms in Europe written by Roberto Basile and published by . This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Liberalization and the Evolution of Skill Earnings Differentials in Brazil written by Gustavo Gonzaga and published by . This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Do Not Get Trapped Into Crossing written by Giorgio Barba Navaretti and published by . This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Migration and Foreign Direct Investment in the Globalization Context written by Artjoms Ivlevs and published by . This book was released on 2006 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dictator and the Parties written by Pablo Astorga and published by . This book was released on 2001 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Skill Diffusion by Temporary Migration written by Anna Iara and published by . This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjusting Labour Demand written by Daniele Checchi and published by . This book was released on 2003 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that although multinational enterprises create and destroy jobs faster than national ones, they adjust more smoothly to shocks affecting their labour demands. Develops an econometric model for the assessment of adjustment costs and wage elasticities. Concludes that it is unlikely that labour market regulations scare away foreign direct investment.
Download or read book Distance and FDI when Contracts are Incomplete written by Gianmarco I. P. Ottaviano and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
