Cognitive skills, innovation and technology diffusion

Full text for this resource is not available from the Research Repository.

Messinis, George and Ahmed, Abdullahi D (2012) Cognitive skills, innovation and technology diffusion. Economic Modelling, 30 (1). pp. 565-578. ISSN 0264-9993

Abstract

This article presents new international estimates of human capital for the period 1970–2003. The new latent index is used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing indicators of Barro and Lee (2010) and Hanushek and Wößmann (2009). Analysis employs cross-section and panel econometrics, extends beyond the Cobb–Douglas technology, and deals with endogeneity bias. Robust evidence confirms the significance of cognitive skills as a driver of innovation and diffusion. Although there is substantial diversity, the new human capital index has declined in many countries in Africa and the OECD.

Dimensions Badge

Altmetric Badge

Item type Article
URI https://vuir.vu.edu.au/id/eprint/23717
DOI https://doi.org/10.1016/j.econmod.2012.10.002
Official URL http://www.sciencedirect.com/science/article/pii/S...
Subjects Current > FOR Classification > 1402 Applied Economics
Historical > Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
Keywords ResPubID26662, ResPubID25575, education, research skills, human capital, growth, innovation, diffusion
Citations in Scopus 13 - View on Scopus
Download/View statistics View download statistics for this item

Search Google Scholar

Repository staff login