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Importazione di beni intermedi e trasferimento della tecnologia: un approccio di crescita endogena
Economia politica (Journal of analytical and institutional economics) (1999)
  • Marco Maffezzoli
Abstract

This paper studies the relationships between imports of technologically advanced intermediate goods, technology transfers, and economic development in a small open economy, within an endogenous growth framework with R&D. The model describes a small NIC that exports a final consumption good and imports technologically advanced intermediate goods, enjoying international knowledge spillovers directly proportional to the imports/output ratio. Starting from a situation in which the local knowledge stock is lower than the one available abroad, the model initially presents a higher growth rate than the foreign one, featuring a cath-up in the long run: during the transition, resources flow gradually from the R&D sector to the consumption good sector. These features may help explaining the Asian NICs growth experience: in particular, the model’s dynamic behaviour of technological progress and sectoral resource allocation may justify their spectacular growth rates and their propensity to invest in the accumulation of technological capabilities.

Disciplines
Publication Date
August, 1999
Citation Information
Marco Maffezzoli. "Importazione di beni intermedi e trasferimento della tecnologia: un approccio di crescita endogena" Economia politica (Journal of analytical and institutional economics) Vol. XVI Iss. 2 (1999)
Available at: http://works.bepress.com/marco_maffezzoli/7/