Just openness or technological spillovers? A note

Abstract

The paper shows that the indexation bias may condition the results of empirical studies on international technological spillovers. It suggests a solution to this bias and shows how trade openness favours economic growth through its effects on the international diffusion of technology.

Notes

¹ The description and construction of variables are the same as those used by López-Pueyo et al. (2005).

² Edmond (2001) also found a null impact of openness in his estimation of a pool.