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| Francisco Serranito |
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| ''Determinants of technology catch-up in MENA and SSA countries: a panel data analysis'' |
| ( 2017, Vol. 37 No.4 ) |
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| This paper estimates the determinants of TFP in the case of a panel of African and Middle-East countries for the period 1970-2010. We get two main results. Firstly, the degree of openness of a country is the only variables that have a positive and robust effect on the TFP growth. Secondly, convergence is not an automatic phenomenon for all countries. The possibility of a convergence effect depends on the ability of countries to adopt foreign technology. The most robust determinant of a country absorptive capacity is its stock of human capital. To a lesser extent the degree of financial market development could also be considered as a factor explaining the absorptive capacity but its significance depends on the list of regressors selected in the specification. |
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| Keywords: Technology gap, Catching-up, Technology transfers, Absorptive capacity, GMM estimation, Middle-East and North Africa, Sub-Saharan African countries |
JEL: O4 - Economic Growth and Aggregate Productivity: General
O1 - Economic Development: General |
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| Manuscript Received : Jun 17 2016 | | Manuscript Accepted : Dec 01 2017 |
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