Discussion paper

Economic growth, tfp convergence and world exports of ideas: a century of evidence

26 Jun 2007
Description

This paper examines the effect of international patent stock on total factor productivity for 16 OECD countries over the past 120 years. The results show that the international patent stock is highly influential for economic growth and, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and σ-convergence among the OECD countries over the past 120 years.

Publication Details
Published year only: 
2007
0
Share
Share
Subject Areas
Geographic Coverage
Advertisement