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Original Articles

Technological specialization and economic performance in oecd countries

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Pages 157-174 | Published online: 26 Jun 2007

References

  • Fegerberg , J. 1987 . A Technology Gap Approach to Why Groth Rates Differ . Research Policy , 16 : 87 – 99 . Technology-gap studies have shown the relationship between technology indicators and growth and other measures of economic p:rforrnance over time, across countries and across sectors. J. Fagerberg, Why Growth Rates Differ in: G. Dosi, C. Freeman, R. Nelson, G. Silverberg & L. Soete (Eds), Technical Chonge and Economic Theory (London, Frances Pinter, 1988); V. Meliciani, Technology Gaps, Patterns of Specialisation and Growth: Theories and Empirical Evidence, MA Dissertation University of Sussex, 1992. On the link to exports see G. Dosi, K. Pavitt & Soete, The Economics of Technical Change and International Trade (Hemel Hempsted, Harvester Wheatsheaf, 1990). An overview of cross-country patters is in M. Pianta, Technology and Growth in OECD Countries, 1970-1990, Cambridge Journal of Economics, 19, 1995, pp. 175-188. Recently, neo-classical economists have also addressed this issue within the new groth theory. For a review, see J. Fagerberg, Technology and International Differences in Growth Rates, Journal of Economic Literatare, 32, 1994, pp. 1147-1175
  • Patel , P. and Pavitt , K. 1987 . Is Western Europe Losing the Technology Race? . Reserach Policy , 16 : 59 – 85 . D. Archibugi & M. Pianta, The Technological Specialization of Advanced Countries (Dordrecht, Kluwer Academic, 1992). For technology and production see S. Manzocchi & M. Pianta, Intergrazione e Specializzazione Internazionale nella Technologia e nella Produzione, L′Industria, 16, 1995, pp. 363-382. For technology and trade, see G. Amendola, P. Guerrireri & P. C. Padoan, International Patterns of Technological Accumulation and Trade, Journal of International and Comparative Economics, 1, 1992, pp. 173-197. For productivity and trade, see D. Dollar & E. N. Wolff, Competitiveness, Convergence and International Specialization (Cambridge, MA, The MIT Press, 1993)
  • Archibugi , D. and Pianta , M. 1992 . Specialisation and Size of Technological Activities in Industrial Conutries: The Analysis of Patent Data . Research Policy , 21 : 79 – 93 . Archibugi & Pianta op cit Ref 3
  • Abramovitz , M. 1993 . The search for the Sources of Growth: Areas of Ignorance, Old and New . The Journal of Economic History , 53 : 217 – 243 . Recent studies with a broad historical and economic perspective include, W.J. Baumol, S. A. Batey Blackman & E. N. Wolff Productivity and American Leadership: The Long View (Cambridge, MA, MIT Press, 1989); A. Maddison, Dynamic Forces in Capitalist Development (New York, Oxford University Press, 1991)
  • Archibugi , D. and Pianta , M. 1994 . Aggregate Covergence and Sectoral Specialization in Innovation . Journal of Evolutionary Economics , 4 : 17 – 33 . See Pianta op cit Ref 2 for the emphasis on either R&D or capital intensity in OECD countries growth performance. For the evidence on aggregate covergence and increasing dissimilarities at the sectoral level among the same group of countries
  • D′Andrea , L. 1992 . Tyson, Who's Bashing Whom? Trade Confict in High Technology Industries , Washington : Institute for International Economics .
  • While in some cases the control of an original invention is crucial for building the activity of a firm or a country in a new area, there are so many forms of diffusion of know-how and of appropriation of the benefits from an innovation that a direct relationship between invention in new fields and better performances should not be taken for granted.
  • Lundvall , B.A. , ed. 1992 . National System of Innovation , London : Frances Pinter . R.R. Nelson (Ed), National Innovation Systems: A Comparative Study (Oxford, Oxford University Press, 1993)
  • Griliches , Z. 1990 . Patent Statistics as Economic Indicators: A Survey . Journal of Economic Literature , 28 : 661 – 1797 . For a comprehensive assessment of patents as a science and technology indicator see the new OECD Patent Manul, using Patent Data as Science and Technology Indicators
  • Archibugi and Pianta . 1990 . op cit , 28 Ref 3 and 4
  • The classes included are office computing (SIC 357), radio and TV receiving equipment (SIC 365), electronic components, communication equipment (SIC 366-367). They are the classes showing the fastest growth of patents granted in the US between 1975-1977 and 1986-1988 and together they account for about 15% of total patents.
  • Archibugi and Pianta . 1990 . op cit , 28 Ref 2
  • The jumps in data for smaller patenting countries such as Norway, Portugal and Greece are due to relatively small changes in the sectoral distribution of rather few patents, which are amplified by the way the index (#2) is calculated. See Appendix A.
  • Unfortunately, data for investment in machinery and equipment only, which would be a better indicator, are not available for all countries and years; when comparisons were possible, the variable used appeared to be a good proxy.
  • Across the 20 OECD countries, this variable shows a very high association with other key indicators such as total R&D as a share of GDP, industry-financed and performed R&D as a share of GDP, researchers and scientists as a share of the labour force.

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