Publication:
Innovative and Absorptive Capacity of International Knowledge : An Empirical Analysis of Productivity Sources in Latin American Countries

dc.contributor.author Castillo, Leopoldo Laborda
dc.contributor.author Salem, Daniel Sotelsek
dc.contributor.author Guasch, Jose Luis
dc.date.accessioned 2012-03-19T17:28:26Z
dc.date.available 2012-03-19T17:28:26Z
dc.date.issued 2012-01-01
dc.description.abstract This paper examines two sources of global knowledge spillovers: foreign direct investments and trade. Empirical evidence demonstrates that foreign direct investment and trade can contribute to overall domestic productivity growth only when the technology gap between domestic and foreign firms is not too large and when a sufficient absorptive capacity is available in domestic firms. The paper proposes the terms research and development and labor quality to capture the innovative and absorptive capacity of the country. The spillover effects in productivity are analyzed using a stochastic frontier approach. This productivity (in terms of total factor productivity) is decomposed using a generalized Malmquist output oriented index, in order to evaluate the specific effect in technical change, technical efficiency change, and scale efficiency change. Using country-level data for 16 Latin American countries for 1996-2006, the empirical analysis shows positive productivity spillovers from foreign direct investment and trade only when the country has absorptive capacity in terms of research and development. Foreign direct investment and trade spillovers are found to be positive and significant for scale efficiency change and total productivity factor change. en
dc.identifier http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103140509
dc.identifier.uri http://hdl.handle.net/10986/3217
dc.language English
dc.relation.ispartofseries Policy Research working paper ; no. WPS 5931
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject AGRICULTURE
dc.subject CAPABILITY
dc.subject CAPABILITY BUILDING
dc.subject CAPITAL EXPENDITURES
dc.subject COMPARATIVE ADVANTAGE
dc.subject COMPARATIVE ECONOMICS
dc.subject COMPETITIVENESS
dc.subject COUNTRY RISK
dc.subject DEVELOPING COUNTRIES
dc.subject DEVELOPMENT ECONOMICS
dc.subject DEVELOPMENT POLICY
dc.subject DIRECT FOREIGN INVESTMENT
dc.subject DOMESTIC FIRMS
dc.subject DOMESTIC MARKET
dc.subject E-MAIL
dc.subject ECONOMETRICS
dc.subject ECONOMIC DEVELOPMENT
dc.subject ECONOMIC EFFICIENCY
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC RESEARCH
dc.subject ECONOMIC SYSTEMS
dc.subject ECONOMICS
dc.subject ELASTICITY
dc.subject ELECTRICITY
dc.subject EQUIPMENT
dc.subject EQUITY CAPITAL
dc.subject EXCHANGE RATE
dc.subject EXCHANGE RATES
dc.subject EXCHANGE TRANSACTIONS
dc.subject EXPORTS
dc.subject EXTERNALITIES
dc.subject FDI
dc.subject FINANCE CORPORATION
dc.subject FIXED CAPITAL
dc.subject FIXED COSTS
dc.subject FIXED INVESTMENT
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject FOREIGN DIRECT INVESTMENTS
dc.subject FOREIGN EXCHANGE
dc.subject FOREIGN FIRM
dc.subject FOREIGN FIRMS
dc.subject FOREIGN INVESTMENT
dc.subject FOREIGN INVESTORS
dc.subject GDP
dc.subject GLOBAL DEVELOPMENT FINANCE
dc.subject GLOBAL ECONOMY
dc.subject GLOBAL KNOWLEDGE
dc.subject GROSS FIXED CAPITAL FORMATION
dc.subject GROSS VALUE
dc.subject GROWTH CYCLES
dc.subject GROWTH THEORIES
dc.subject HOST COUNTRIES
dc.subject HOST COUNTRY
dc.subject HUMAN CAPITAL
dc.subject INCOME
dc.subject INDUSTRIAL COUNTRIES
dc.subject INDUSTRIAL DEVELOPMENT
dc.subject INDUSTRIAL ECONOMICS
dc.subject INDUSTRIALISING ECONOMIES
dc.subject INEFFICIENCY
dc.subject INNOVATION
dc.subject INTERNATIONAL COMPETITIVENESS
dc.subject INTERNATIONAL ECONOMICS
dc.subject INTERNATIONAL FINANCE
dc.subject INTERNATIONAL FINANCIAL
dc.subject INTERNATIONAL LABOUR ORGANIZATION
dc.subject INTERNATIONAL STANDARD
dc.subject INTERNATIONAL TRADE
dc.subject KNOWLEDGE GENERATION
dc.subject LABOR COSTS
dc.subject LABOR FORCE
dc.subject LABOR MOBILITY
dc.subject LABOUR
dc.subject LONG-TERM INVESTMENTS
dc.subject MANUFACTURING
dc.subject MANUFACTURING FIRMS
dc.subject MANUFACTURING SECTOR
dc.subject MARGINAL COST
dc.subject MARKET POTENTIAL
dc.subject MARKET STRUCTURE
dc.subject MATERIAL
dc.subject MNE
dc.subject MULTINATIONAL CORPORATIONS
dc.subject MULTINATIONAL ENTERPRISE
dc.subject MULTINATIONAL ENTERPRISES
dc.subject NATURAL RESOURCE
dc.subject NATURAL RESOURCES
dc.subject NEW TECHNOLOGY
dc.subject OPEN ACCESS
dc.subject OPEN ECONOMY
dc.subject OUTPUTS
dc.subject PHONE
dc.subject POTENTIAL OUTPUT
dc.subject PRIVATE INVESTMENT
dc.subject PRIVATE SECTOR
dc.subject PRIVATIZATION
dc.subject PRODUCTION FUNCTION
dc.subject PRODUCTION FUNCTIONS
dc.subject PRODUCTIVITY
dc.subject PRODUCTIVITY GROWTH
dc.subject PUBLIC POLICY
dc.subject R&D
dc.subject RAPID EXPANSION
dc.subject REAL ESTATE
dc.subject REINVESTMENT
dc.subject REINVESTMENT OF EARNINGS
dc.subject RESULT
dc.subject RESULTS
dc.subject RETAIL TRADE
dc.subject SUBSTITUTION EFFECT
dc.subject TECHNOLOGICAL CHANGES
dc.subject TECHNOLOGICAL PROGRESS
dc.subject TECHNOLOGY GAP
dc.subject TECHNOLOGY SPILLOVER
dc.subject TECHNOLOGY SPILLOVERS
dc.subject TECHNOLOGY TRANSFER
dc.subject TECHNOLOGY TRANSFERS
dc.subject TIME PERIOD
dc.subject TIME PERIODS
dc.subject TOTAL FACTOR PRODUCTIVITY
dc.subject TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject TRADE POLICIES
dc.subject TRADE POLICY
dc.subject TRADE REFORMS
dc.subject TRANSITION COUNTRIES
dc.subject TRANSITION ECONOMIES
dc.subject UNEMPLOYED
dc.subject UNSKILLED LABOR
dc.subject USES
dc.subject VALUE ADDED
dc.subject VARIABLE COSTS
dc.subject WEB
dc.subject WORLD DEVELOPMENT INDICATORS
dc.subject WORLD TRADE
dc.subject WORLD TRADE ORGANIZATION
dc.title Innovative and Absorptive Capacity of International Knowledge : An Empirical Analysis of Productivity Sources in Latin American Countries en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Jobs
okr.date.disclosure 2012-01-01
okr.doctype Publications & Research :: Policy Research Working Paper
okr.docurl http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120103140509
okr.globalpractice Social Protection and Labor
okr.identifier.doi 10.1596/1813-9450-5931
okr.identifier.externaldocumentum 000158349_20120103140509
okr.identifier.internaldocumentum 15593257
okr.identifier.report WPS5931
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/01/03/000158349_20120103140509/Rendered/PDF/WPS5931.pdf en
okr.region.administrative Latin America & Caribbean
okr.relation.associatedurl https://openknowledge.worldbank.org/handle/10986/13338
okr.topic Social Protections and Labor :: Labor Policies
okr.unit Development Research Group (DECRG)
okr.volume 1 of 1
relation.isAuthorOfPublication 4cc9b022-436f-51a0-b40d-6c4438bbced2
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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