Imports, Productivity and the Origin Markets: The role of knowledge-intensive economies
2008 (English)Report (Other academic)
This paper investigates whether domestic firms’ productivity is an increasing function of imports fromthe most knowledge intensive economies in the world, i.e. the G7 countries. Using Swedish firm-leveldata, we confirm an instantaneous causality going from imports to productivity. We also show thatproductivity is increasing in the G7-fraction of total imports. Our results highlight the importance ofimport flows from R&D and knowledge intensive economies for productivity and are consistent withimports being a vehicle for technology diffusion. Tests of the sensitivity of the results suggest that G7imports are particularly important for firms in high-technology sectors and for firms belonging tomultinationals and domestic corporations.
Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2008. , 29 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 146
Technology diffusion, productivity, imports, panel data, GMM
IdentifiersURN: urn:nbn:se:kth:diva-72334OAI: oai:DiVA.org:kth-72334DiVA: diva2:487494
QC 201202092012-02-092012-01-312012-02-09Bibliographically approved