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Knowledge spillovers: On the impact of genetic distance and data revisions

Deeken, Tim

Abstract:

This paper assesses the robustness of the empirical results in Ertur and Koch (2007), who develop a model, which accounts for technological interdependence among countries through spatial externalities. The original version models interdependence via an interaction matrix based on geographic distance. In contrast, in this paper, data on genetic distance, defined as the time since two populations have shared a common ancestor, from Spolaore and Wacziarg (2009) is used to construct the interaction matrix. It is found that, whereas in the original model indirect spillovers from capital investment were insignificant, using genetic distance, these spillovers now have a significant effect on steady-state income per worker. However, the version of the model with an interaction matrix based on genetic distance implies an implausibly large capital share of income. In addition, the model is subjected to a further series of robustness checks. The original version relies on data from Penn World Table (PWT) Version 6.1. More recent versions are currently available, and the data has been extensively revised (Johnson et al., 2013). It is shown that results are in general not robust across different versions of the PWT. ... mehr


Volltext §
DOI: 10.5445/IR/1000050443
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Volkswirtschaftslehre (ECON)
Publikationstyp Forschungsbericht/Preprint
Publikationsjahr 2015
Sprache Englisch
Identifikator ISSN: 2190-9806
urn:nbn:de:swb:90-504436
KITopen-ID: 1000050443
Verlag Karlsruher Institut für Technologie (KIT)
Umfang 54 S.
Serie Working paper series in economics ; 74
Schlagwörter Knowledge spillovers; genetic distance; spatial externalities; technological, interdependence
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