Industrial Diversity, Trade Patterns and Productivity Convergence
(by Robert Stehrer and Julia Wörz)
wiiw Working Paper No. 23, November 2002, Revised version July 2003
Keywords: trade and technology, unit root tests, patterns of catching-up
JEL classification: C22, C23, F14, L6, O14, O33, O41
Countries covered: non specific
Topics: International Trade, Competitiveness and FDI
Recent developments in economic integration show rather diverse patterns of integration into the world economy. Some countries are remaining in the low-tech industries whereas other countries succeed in becoming competitive also in high-tech industries. In this paper we postulate that positioning oneself at the lower end in the spectrum of high-tech industries is more favourable to a country's long-term development than aiming at the upper end of low-tech industries. We argue that countries which specialize in the lower end of the medium-high-tech activities are rewarded by faster productivity increases also in the upper end of the high-tech industries. In contrast, early specialization in medium-low-tech branches yields positive spillovers mainly in the low-tech sector, which is not promotive to catching-up in high-tech industries. We sketch a theoretical outline of this idea and present econometric results including four aggregate manufacturing branches and 37 countries. In the econometric analysis we also include trade and FDI variables.
|Trade-Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity
(by Nick Bloom, Mirko Draca and John van Reenen)
wiiw Global Economy Lecture
22 October 2012, 4 p.m., Oesterreichische Nationalbank, Vienna 9, Otto-Wagner-Platz 3, OeNB auditorium, ground floor
|What went wrong in Slovenia and how to get out of the mess?
(by Joze P. Damijan)
wiiw Seminar Series 'EU in Crisis'
08 October 2012, 5 p.m., Venue: wiiw, 1060 Vienna, Rahlgasse 3
|The European Rim Countries - Challenges and Opportunities for EU Competitiveness
(by Vasily Astrov, Peter Havlik, Mario Holzner, Gabor Hunya, Isilda Mara, Sandor Richter, Roman Stöllinger and Hermine Vidovic)
wiiw Policy Note and Report No. 9, October 2012
49 pages including 3 Tables and 12 Figures