Monday 19 May 2008

Technology transfers and growth

Excellent news.

My preliminary regressions work. They show that technology transfers between countries have a significant positive effect on growth. The results are so preliminary and rough that I would not put much faith in them, but the wheels have started turning.

An interesting and equally rough side result is that being technologically disadvantaged is not enough for technology transfers to occur and cause growth; in fact being technologically disadvantaged is likely to persist and harm growth. I haven't added many correlates of technological development into the regression, so the results may vanish when I do.

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