Regional Integration and Technology Diffusion is popular PDF and ePub book, written by Maurice Schiff in 2016, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Regional Integration and Technology Diffusion can be Read Online from any device for your convenience.
Regional Integration and Technology Diffusion Book PDF Summary
The literature on regional integration agreements (RIAs) is vast and deals with political, economic, and political economy issues. The literature on the economics of RIAs deals mostly with static effects, and concludes that these effects are, in general, ambiguous.So far there has been no empirical analysis of the dynamic effects of RIAs based on their impact on technology diffusion from partner and nonpartner countries. Schiff and Wang's paper is a first attempt in this direction. The authors examine the impact of the North America Free Trade Agreement (NAFTA) on total factor productivity in Mexico through its impact on trade-related technology transfers from OECD countries. They estimate trade-related technology diffusion by using a measure of trade-related foreign research and development (Ramp;D). Foreign Ramp;D is constructed based on industry-specific Ramp;D in the OECD, OECD-Mexico trade patterns, and input-output relations in Mexico.The authors find that:- Mexico's trade with its NAFTA partners had a large and significant impact on Mexico's total factor productivity, while trade with the rest of the OECD did not.- Simulating the impact of NAFTA has led to a permanent increase in total factor productivity in Mexico's manufacturing sector of between 5.5 percent and 7.5 percent and to some convergence with the economies of Canada and the United States.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the link between trade and international technology diffusion.
Detail Book of Regional Integration and Technology Diffusion PDF
- Author : Maurice Schiff
- Release : 21 September 2024
- Publisher : Unknown
- ISBN : OCLC:1290703974
- Genre : Uncategoriezed
- Total Page : 21 pages
- Language : English
- PDF File Size : 14,8 Mb
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