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The purpose of this paper is to investigate the extent to which technological knowledge that is created in five industrial countries influences through the trade flows on the growth of labor productivity at the manufacturing industry level of Korea. The four dynamic models are differentiated according to the channel of knowledge spillovers as well as the level of import penetration and industrial openness and specified by allowing a short-run and long-run impact of knowledge spillovers on the labor productivity. The models are estimated by using the panel data sets over the period 1992-1998 for total manufacturing industries as well as industry specific sectors that are disaggregated at the two-digit level of ISIC revision 3 and by adopting the general method of moments technique and instrumental variable approach.
The empirical results are as follows: The first, it is found that foreign technological knowledge have the relatively strong impact on the growth of labor productivity in the industries that exports are given much more weight and the openness levels are higher. In the case of industries that have much more weight in relying on the domestic market and maintain the lower level of openness, it is shown that the impact of foreign knowledge spillovers on the growth of labor productivity is significant if it is interacted with the openness industrial policy of government. The second, it is found that the magnitude of foreign knowledge spillovers has no significant relationship on the growth of labor productivity in the labor and capital intensive industries.
The empirical results are as follows: The first, it is found that foreign technological knowledge have the relatively strong impact on the growth of labor productivity in the industries that exports are given much more weight and the openness levels are higher. In the case of industries that have much more weight in relying on the domestic market and maintain the lower level of openness, it is shown that the impact of foreign knowledge spillovers on the growth of labor productivity is significant if it is interacted with the openness industrial policy of government. The second, it is found that the magnitude of foreign knowledge spillovers has no significant relationship on the growth of labor productivity in the labor and capital intensive industries.
목차
Ⅰ. 서론
Ⅱ. 지식확산과 생산성에 관한 선행연구 고찰
Ⅲ. 이론적 모형
Ⅳ. 자료 및 추정모형
Ⅴ. 실증분석 결과
Ⅵ. 결론
참고문헌
〈부표〉
ABSTRACT
참고문헌 (32)
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UCI(KEPA) : I410-ECN-0101-2010-326-002880960