relation: http://eprints.imtlucca.it/1283/
title: Absorptive Capacity and Efficiency: A Comparative Stochastic Frontier Approach Using Sectoral Data
creator: Montinari, Letizia
creator: Rochlitz, Michael
subject: HA Statistics
subject: HB Economic Theory
description: In this paper, we investigate differences in and determinants of technical efficiency across three groups of OECD, Asian and Latin American countries. As technical efficiency determines the capacity with which countries absorb technology produced abroad, these differences  are important to understand differences in growth and productivity across countries, 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, 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&D, proxied by the  stock of patents, on technical efficiency. We find that while human capital has always a strongly positive effect on efficiency, an increase in the stock of patents has positive effects on efficiency in high-tech sectors, but negative effects in low-tech sectors.
publisher: IMT Institute for Advanced Studies
date: 2012-06
type: Working Paper
type: NonPeerReviewed
format: application/pdf
language: en
identifier: http://eprints.imtlucca.it/1283/1/EIC_WP_4.pdf
identifier:   Montinari, Letizia and Rochlitz, Michael  Absorptive Capacity and Efficiency: A Comparative Stochastic Frontier Approach Using Sectoral Data.  EIC working paper series  #4/2012    IMT Institute for Advanced Studies , Lucca.   ISSN 2279-6894.