| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP7051
|
| DP7051 Bank Diversification and Incentives |
| Alan Morrison; Gyöngyi Lóránth
|
| 发表日期 | 2008-11-17
|
| 出版年 | 2008
|
| 语种 | 英语
|
| 摘要 | An extensive literature on the convergence of productivity between countries examines whether productivity is pulled towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within-country dispersion however between country-dispersion is hard to interpret, for it is quite possible that the best firms in a laggard average country are above at least some firms in a leading average country. This paper therefore uses micro data sets across many countries to build better measures of global and national frontiers and firms? distance from them. Using UK data, we then find that (a) the national frontier exerts a stronger pull on domestic firms than does the global frontier and (b) the pull from the global frontier falls with technological distance, while the pull from the national frontier does not. This result suggests that firms might lag so far technologically that they cannot learn from the global frontier, while they still are able to benefit from domestic knowledge. |
| 主题 | International Macroeconomics
; International Trade and Regional Economics
|
| 关键词 | Convergence
Distance to frontier
Productivity
Spillovers
|
| URL | https://cepr.org/publications/dp7051
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535888
|
推荐引用方式
GB/T 7714 |
Alan Morrison,Gyöngyi Lóránth. DP7051 Bank Diversification and Incentives. 2008.
|
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