International Technology Spillovers and Growth over the Past 142 Years: The Role of Genetic Proximity

Madsen, Jakob B.; Farhadi, Minoo

doi:10.1111/ecca.12202

Cited by 16 publications

(12 citation statements)

References 76 publications

(180 reference statements)

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“…To address this issue, we use genetic-distanceweighted foreign patent stock for 21 OECD countries as an instrument for the domestic patent stock. There is strong evidence of international technology transmission and that genetic proximity is one of the most important channels of transmission, as shown by Madsen and Farhadi (2018). This identification strategy assumes that the foreign patent stock contains technology and knowledge that is useful for agriculture.…”

Section: 10mentioning

confidence: 99%

Technological change and inequality in the very long run

Madsen

Strulik

2020

European Economic Review

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In this paper we investigate the impact of technological change on inequality in the presence of a landed elite using a standard unified growth model. We measure inequality by the ratio between land rent and wages and show that, before the onset of the fertility transition, technological progress increased inequality directly through landbiased technological change and indirectly through increasing population growth. The fertility transition and the child quantity-quality trade-o↵ eventually disabled the Malthusian mechanism, and technological progress triggered education and benefited workers. If the elasticity of substitution between land and labor is su ciently high, the rent-wage ratio declines such that inequality is hump-shaped in the very long run. We use the publication of new farming book titles as a measure of technological progress in agriculture, and provide evidence for technology-driven inequality in Britain between 1525 and 1895.We confirm these results for a panel of European countries over the period 1265-1850 using agricultural productivity as a measure of technology. Finally, using patents in the period 1800-1980, we find a technology-driven inequality reversal around the onset of the fertility transition.

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Section: 10mentioning

confidence: 99%

Technological change and inequality in the very long run

Madsen

Strulik

2020

European Economic Review

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“…In fact, these technology spillover channels not only include FDI and import trade, but also export trade, outward direct investment, immigration effects, international journals, academic conferences, patent licensing, and industrial espionage, among others. However, research in these fields is relatively limited [4].…”

Section: Literature Reviewmentioning

confidence: 99%

Technology Spillover Effect in China: The Spatiotemporal Evolution and Its Drivers

Liu

Guo

2019

Sustainability

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Under the background of global economic integration, the technology spillover effect is playing a more and more important role in the technological progress of developing countries. In this circumstance, this paper conducted an in-depth analysis on the 12-year spatial-temporal evolution of the international technology spillover effect and its driving determinants in China during the period of 2003 to 2014. Analytical results highlighted that: (1) As a whole, the international technology spillover effect in general has shown an upward trend in China, except in 2008 and 2012, which are observed as deep-V plunge variations. The plunge in 2008 was more dramatic. After 2011, the growth rate of international technology spillover effect from international import trade and foreign direct investment (FDI) respects slowed obviously down. (2) The spatial distribution of the international technology spillover effect from FDI in China transferred from the ribbon-like pattern to the flake-like pattern, while the effect from import trade held steady with little difference in regional spatial distribution. (3) From the drivers, human capital, economic development, trade openness, and institutional factors promoted the technological spillover effect of import trade channels positively, and financial development, human capital, economic development, and institutional factors promoted the technological spillover effect of FDI channels positively.

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“…The initial spending level was low in most countries in 1974. The initial stock (K 0 ) was calculated as 1 9 9 0 1 9 9 2 1 9 9 4 1 9 9 6 1 9 9 8 2 0 0 0 2 0 0 2 2 0 0 4 2 0 0 6 2 0 0 8 2 0 1 0 2 0 where R&D 0 is the amount of public expenditure on renewable energy R&D in the first year available (1974), and g is the average geometric growth rate for such R&D spending by country over the first 10 years (e.g., Hall and Scobie 2006;Madsen and Farhadi 2016). 21 Investment in human capital is necessary for the development of advanced products and new inventions (Romer 1990).…”

Section: The Independent Variablesmentioning

confidence: 99%

Divergence of renewable energy invention efforts in Europe: an econometric analysis based on patent counts

Grafström

2018

Environ Econ Policy Stud

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The objective of this paper is to investigate the presence of convergence (or divergence) of invention efforts per capita in the renewable energy field across European Union (EU) countries. Divergence may imply a risk of a lower level of goal fulfilment regarding the share of renewable energy in the EU energy mix. This is due to free-rider issues and sub-optimal investment levels, in turn making it more expensive and cumbersome to expand renewable energy production. Convergence suggests a possible faster renewable energy goal achievement. The econometric analysis is based on patent application counts per capita for 13 EU Member States over the time period 1990-2012. The methods used draw on the economic convergence literature. First, we rely on a panel data set to test for conditional β-convergence. Moreover, a distributional dynamics approach is employed to test for σ-and γ-convergence, and analyse the intra-distributional dynamics. The results indicate conditional β-and σ-divergence in renewable energy invention capabilities across the 13 countries, thus suggesting that some EU countries tend to free-ride on the development efforts of other Member States.

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International Technology Spillovers and Growth over the Past 142 Years: The Role of Genetic Proximity

Cited by 16 publications

References 76 publications

Technological change and inequality in the very long run

Technological change and inequality in the very long run

Technology Spillover Effect in China: The Spatiotemporal Evolution and Its Drivers

Divergence of renewable energy invention efforts in Europe: an econometric analysis based on patent counts

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