?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Feprints.imtlucca.it%2F1283%2F&rft.title=Absorptive+Capacity+and+Efficiency%3A+A+Comparative+Stochastic+Frontier+Approach+Using+Sectoral+Data&rft.creator=Montinari%2C+Letizia&rft.creator=Rochlitz%2C+Michael&rft.subject=HA+Statistics&rft.subject=HB+Economic+Theory&rft.description=In+this+paper%2C+we+investigate+differences+in+and+determinants+of+technical+efficiency+across+three+groups+of+OECD%2C+Asian+and+Latin+American+countries.+As+technical+efficiency+determines+the+capacity+with+which+countries+absorb+technology+produced+abroad%2C+these+differences%0D%0Aare+important+to+understand+differences+in+growth+and+productivity+across+countries%2C+especially+for+developing+countries+which+depend+to+a+large+extend+on+foreign+technology.+Using+a+stochastic+frontier+framework+and+data+for+22+manufacturing+sectors+for+1996-2005%2C+we+find+notable+differences+in+technical+efficiency+between+the+three+country+groups+we+examine.+We+then+investigate+the+effect+of+human+capital+and+domestic+R%26D%2C+proxied+by+the%0D%0Astock+of+patents%2C+on+technical+efficiency.+We+find+that+while+human+capital+has+always+a+strongly+positive+effect+on+efficiency%2C+an+increase+in+the+stock+of+patents+has+positive+effects+on+efficiency+in+high-tech+sectors%2C+but+negative+effects+in+low-tech+sectors.&rft.publisher=IMT+Institute+for+Advanced+Studies&rft.date=2012-06&rft.type=Working+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Feprints.imtlucca.it%2F1283%2F1%2FEIC_WP_4.pdf&rft.identifier=++Montinari%2C+Letizia+and+Rochlitz%2C+Michael++Absorptive+Capacity+and+Efficiency%3A+A+Comparative+Stochastic+Frontier+Approach+Using+Sectoral+Data.++EIC+working+paper+series++%234%2F2012++++IMT+Institute+for+Advanced+Studies+%2C+Lucca.+++ISSN+2279-6894.++++++