ŞEKİLLENMİŞ TEKNOLOJİ YAYILIMI İLE VERİMLİLİK ARASINDAKİ BAĞLANTI: BİLGİ ÜRETİMİ

Abstract

This study examines embodied technology flows through intermediate good transactions between industries in various economies and focuses on the ambiguity about their link to innovation. The model consists of two equations measuring labor productivity and knowledge production, and knowledge production is measured as the explanatory variable of productivity. We compare direct effect of embodied research transfer on labor productivity through intermediate good transactions between industries and its indirect effect via knowledge creation. We use input-output tables as a proximity mechanism for research capital and utilize production function approach. Simultaneous equations results support the system we introduce, indicating that both channels of embodied technology spillovers are significant. We observe that labor productivity soars with direct and indirect utilization of technology transfer via knowledge production.