Dynamic technological specialization, aggregatedconvergence and growth

This paper focuses on the contribution of dynamic technological specializationto aggregated growth and convergence. Certain theoretical approaches(Structuralism) maintain the view that being specialized in 'correct' technologieshelps to achieve: i) sustainable rhythms of long-run growth; ii) acceleratedcatching up and higher rhythms of convergence in delayed countries. Using anendogenous growth model for a 23 countries sample between 1980 and 2010,the work contrasts those hypotheses by using static and dynamic approaches fortechnological specialization in comparison to other technological variables.Empirical results do not confirm that any 'good' specialization matters togrowth and convergence at an aggregated level, neither under static nor dynamicapproaches. The key elements to aggregated convergence and growth aremore linked to spillovers of technological diffusion and to country-specificities(technological capabilities and capacities, domestic technical efforts, nationalinnovation systems, industrial innovation processes, etc.) as it is pointed outby catching-up theories

Dynamic technological specialization, aggregatedconvergence and growth Articles