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Productivity growth, convergence, and trade in a panel of manufacturing industries

By Gavin Cameron, James Proudman and Stephen Redding

Abstract

This paper analyses the determinants of productivity growth in a panel of UK manufacturing industries. Two potential sources of productivity growth are identified: domestic innovation and technology transfer from a frontier economy. We examine the roles played by R & D expenditure and international trade in explaining each source of productivity growth. R & D expenditure is found to raise the domestic rate of innovation, while international trade facilitates the transfer of technologies to the non-frontier economy

Topics: HB Economic Theory, HD Industries. Land use. Labor
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Year: 1999
OAI identifier: oai:eprints.lse.ac.uk:3722
Provided by: LSE Research Online
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