Technology clubs, R&D and growth patterns: Evidence from EU manufacturing

J. W. B. Bos*, C. Economidou, M. Koetter

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

18 Citations (Web of Science)

Abstract

This paper investigates the forces driving output change in a panel of eu manufacturing industries. A flexible modeling strategy is adopted that accounts for: (i) inefficient use of resources and (ii) differences in the production technology across industries. With our model we are able to identify technical, efficiency, and input growth for endogenously determined technology clubs. Technology club membership is modeled as a function of r&d intensity. This framework allows us to explore the components of output growth in each club, technology spillovers and catch-up issues across industries and countries.
Original languageEnglish
Pages (from-to)60-79
JournalEuropean Economic Review
Volume54
Issue number1
DOIs
Publication statusPublished - Jan 2010
Externally publishedYes

Keywords

  • Growth
  • Efficiency
  • Technology clubs
  • R&D
  • Stochastic frontier analysis
  • Latent class

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