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Author: Heng-Fu Zou Publisher: ISBN: Category : Languages : en Pages :
Book Description
January 1995 A developing country's economic growth rate increases as foreign technology imports increase. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. Zhang and Zou investigate the relationship between foreign technology imports and economic growth in developing countries. They develop an intertemporal endogenous growth model that explicitly accepts foreign technology imports as a factor of production. The model establishes a link between the growth rate of productivity in a developing country and the country's intensity of learning to use foreign technologies. They hypothesize that a developing country's economic growth rate increases as foreign technology imports increase. They run regressions with data for about 50 developing countries, using different econometric methods and time spans. These empirical tests confirm the hypothesis that foreign technology transfers boost income growth rates. Moreover, economic developing in developing countries differs from that in industrial countries. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. This paper -- a product of the Public Economics Division, Policy Research Department -- is part of a larger effort in the department to understand economic growth and foreign trade. Heng-fu Zou may be contacted at [email protected].
Author: Heng-Fu Zou Publisher: ISBN: Category : Languages : en Pages :
Book Description
January 1995 A developing country's economic growth rate increases as foreign technology imports increase. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. Zhang and Zou investigate the relationship between foreign technology imports and economic growth in developing countries. They develop an intertemporal endogenous growth model that explicitly accepts foreign technology imports as a factor of production. The model establishes a link between the growth rate of productivity in a developing country and the country's intensity of learning to use foreign technologies. They hypothesize that a developing country's economic growth rate increases as foreign technology imports increase. They run regressions with data for about 50 developing countries, using different econometric methods and time spans. These empirical tests confirm the hypothesis that foreign technology transfers boost income growth rates. Moreover, economic developing in developing countries differs from that in industrial countries. In developing countries, increases in productivity depend not on innovation but on importing foreign plants and equipment and on borrowing foreign technology. This paper -- a product of the Public Economics Division, Policy Research Department -- is part of a larger effort in the department to understand economic growth and foreign trade. Heng-fu Zou may be contacted at [email protected].
Author: Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences Publisher: National Academies Press ISBN: 9780309038423 Category : Political Science Languages : en Pages : 224
Book Description
The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.
Author: Hendrik Van den Berg Publisher: Routledge ISBN: 1317467388 Category : Business & Economics Languages : en Pages : 453
Book Description
Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.
Author: Love Patrick Publisher: OECD Publishing ISBN: 926406026X Category : Languages : en Pages : 197
Book Description
Argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough; policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy.
Author: Mary Hallward-Driemeier Publisher: World Bank Publications ISBN: 1464811938 Category : Business & Economics Languages : en Pages : 288
Book Description
Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing
Author: J.L. Enos Publisher: Routledge ISBN: 0429771908 Category : Business & Economics Languages : en Pages : 256
Book Description
This book, first published in 1988, considers the problems that developing countries face when importing technology from abroad. The major issues - technical, economic, political - are analysed in the case of one particular country: Korea. The book describes the negotiations with the foreign companies that controlled the desired technology, the building of the plants, the training of engineers and managers to replace expatriots, the improvements of processes and products and the maintenance of efficient and profitable production. In their research the authors were given access to information usually kept confidential - government memoranda and minutes, company contacts and records, costs and prices. The book also considers how typical of the developing countries Korea is, and the authors make certain policy recommendations for the future.
Author: Ann Harrison Publisher: University of Chicago Press ISBN: 0226318001 Category : Business & Economics Languages : en Pages : 674
Book Description
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Author: Chris Papageorgiou Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 42
Book Description
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring the importance of education and training in both developed and developing countries in addressing rising inequality.
Author: Sanjaya Lall Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 444
Book Description
East Asia is the most competitive and dynamic industrial region in the developing world. This is universally acknowledged but not yet fully understood. In particular, the different strategies the Tiger economies used to access and absorb foreign technologies, and the interaction of technology imports with domestic technological effort, have not been sufficiently explored. interaction between foreign direct investment (FDI) and technological activity in building export competitiveness. The book covers China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand, highlighting different strategic approaches to building capabilities in industrial enterprises. The book also includes a general overview and studies of Japanese multinationals overseas.
Author: Heng-Fu Zou
Author: Heng-Fu Zou
Author: Xiaoming Zhang
Author: Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences
Author: Hendrik Van den Berg
Author: Love Patrick
Author: Mary Hallward-Driemeier
Author: J.L. Enos
Author: Ann Harrison
Author: Chris Papageorgiou
Author: Sanjaya Lall