By: |
Marta Simões (GEMF and Faculdade de Economia, Universidade de Coimbra);
Adelaide Duarte (GEMF and Faculdade de Economia, Universidade de Coimbra) |
Abstract: |
TThis paper investigates the education–growth link at the more disaggregate
industry level in the Portuguese manufacturing sector with a focus on
different levels of education. The insights from new growth theory and a
modified and augmented version of the Benhabib and Spiegel (1994)
specification are the basis for the empirical analysis of the role of
education in innovation and imitation activities highlighting a role for
specific schooling levels across industries according to their technological
characteristics and its interaction with international trade. We use data for
the period 1986–1997, fourteen Portuguese manufacturing industries and panel
data econometric techniques. Our most robust finding concerns the relevance of
technology spillovers embodied in imports for productivity growth, as long as
manufacturing industries employ workers with skills provided by secondary
education. The Portuguese manufacturing industry cannot rely on automatic
technological catch up for productivity growth so active trade and education
policies are crucial to recover from the present bottom position in the rank
of OECD productivity levels. |
Keywords: |
education, innovation, technology diffusion, productivity growth, panel data |
JEL: |
C23 I20 O30 O33 |
Date: |
2007 |
URL: |
http://d.repec.org/n?u=RePEc:gmf:wpaper:2007-03&r=tid |