The technology balance of payments and international competitiveness: a panel data analysis of southern European countries, 2000-2017

The scant literature that addresses issues related to the Technology Balance of Payments (TBP) often refers that a surplus balance may correspond to a high degree of technological autonomy, a low level of technology imports, or an inability to assimilate foreign technologies. It is not clear, howeve...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Diana Barros, Aurora A.C. Teixeira
Formato: article
Lenguaje:EN
Publicado: Università Carlo Cattaneo LIUC 2021
Materias:
Acceso en línea:https://doaj.org/article/4992c7850d22431d9230dc1b3f2fe6db
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
Descripción
Sumario:The scant literature that addresses issues related to the Technology Balance of Payments (TBP) often refers that a surplus balance may correspond to a high degree of technological autonomy, a low level of technology imports, or an inability to assimilate foreign technologies. It is not clear, however, from this literature whether, and to what extent, the balance of the TBP is related to countries’ international competitiveness. The purpose of this paper is to detail the evolution of the TBP for Southern European countries and to assess the extent to which it influences these countries’ international competitiveness. Using static and dynamic panel data techniques on data for four Southern European countries (Greece, Italy, Portugal and Spain) between 2000 and 2017, our results highlight that a positive TBP significantly contributes to foster countries’ international competitiveness.