Determination of Country-Specific Effects of Technological Gap
Öz
This study aims to analyze the determination of country-specific effects of technology gap in the European Union. For this reason, this study employs technology gap model and shows that the determinants of technology gap for the European Union countries for the period 1998-2016. Balanced panel data method was used in the analysis. It is presented empirical tests of the theory for 22 European Union countries. It is found that patent application growth rate and Gross Domestic Product per person employed growth rate effect technology gap. Owing to the Common Correlated Effect Model we are able to see these effects for each country. This gives the opportunity to develop country-specific economic policy. In this way, economic policy practitioners can develop more effective policies for countries, even if they are involved in an economic integration.
Anahtar Kelimeler
Kaynakça
- Blomstrom, M. (1989). Foreign investment and spillovers: A study of technology transfer to Mexico. Routledge, London.
- Castellacci, F. (2011). Closing the technology gap? Norwegian Institute of International Affairs Working Paper, 777.
- Encaoua, D. (2007). The European technology gap. Paris School of Economics, Centre Economie Sorbonne, Lecture Monte Verita Conference.
- Fagerberg, J. ve B. Verspagen (2002). Technology-gaps, innovation-diffusion and transformation: an evolutionary approach. Research Policy, 31, 1291-1304.
- Fagerberg, J. (1987). A technology gap approach to why growth rates differ. Research Policy, 16 (2-4), 87-99.
- Fagerberg, J. (1994). Technology and international differences in growth rates. Journal of Economic Literature, 32(3), 1147-1175.
- Heitger B. (1993), Comparative economic growth: Catching up in East Asia. ASEAN Economic Bulletin, 10(1), 68-82.
- Pesaran, M. H. (2004). General diagnostic tests for cross section dependence in panels. IZA Discussion Paper, 1240, 1-39.
Ayrıntılar
Birincil Dil
İngilizce
Konular
İşletme
Bölüm
Araştırma Makalesi
Yazarlar
Gülçin Güreşçi
*
0000-0002-3761-8547
Türkiye
Yayımlanma Tarihi
30 Aralık 2018
Gönderilme Tarihi
24 Ekim 2018
Kabul Tarihi
30 Ekim 2018
Yayımlandığı Sayı
Yıl 2018 Cilt: 2 Sayı: 2

