- ISSN :
- 1815-1965 (online)
- DOI :
Show Abstract /
The OECD Directorate for Science, Technology and Industry (STI) leads OECD research on the contribution of science, technology and industry to well-being and economic growth. STI Working Papers cover a broad range of topics including definition and measurement of science and technology indicators, global value chains, and research on policies to promote innovation. These technical or analytical working papers are prepared by staff or outside consultants to share early insights and elicit feedback.
Sources of Knowledge and Productivity
How Robust is the Relationship?
- Publication Date
- 28 July 2006
- Bibliographic information
Show Abstract /
We estimate domestic productivity relationships for a sample of 16 OECD countries through probably the most general specification yet. We identify ten key determinants of productivity - all derived from different theoretical models. Our specification may address the potential problem of omitted variables. The issues of cross-country heterogeneity and endogeneity are addressed. The sources of knowledge appear robust in driving productivity; however, other determinants postulated by different theoretical models are also significant. The productivity relationships are heterogeneous across OECD countries implying that country-specific factors may play an important role in domestic productivity policy.
- dynamic heterogeneity, sources of knowledge, methods of moments
- JEL Classification:
- C15: Mathematical and Quantitative Methods / Econometric and Statistical Methods and Methodology: General / Statistical Simulation Methods: General
- F12: International Economics / Trade / Models of Trade with Imperfect Competition and Scale Economies
- F2: International Economics / International Factor Movements and International Business
- O3: Economic Development, Technological Change, and Growth / Technological Change; Research and Development; Intellectual Property Rights
- O4: Economic Development, Technological Change, and Growth / Economic Growth and Aggregate Productivity