Template-Type: ReDIF-Paper 1.0
Author-Name: Mariacristina Piva
Author-X-Name-First: Mariacristina
Author-X-Name-Last: Piva
Author-Email: mariacristina.piva@unicatt.it
Author-Workplace-Name: Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore
Author-Name: Massimiliano Tani
Author-X-Name-First: Massimiliano
Author-X-Name-Last: Tani
Author-Email: m.tani@adfa.edu.au
Author-Workplace-Name: UNSW Canberra, Australia – IZA, Bonn, Germany
Author-Name: Marco Vivarelli
Author-X-Name-First: Marco
Author-X-Name-Last: Vivarelli
Author-Email: marco.vivarelli@unicatt.it
Author-Workplace-Name: Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore – UNU-MERIT, Maastricht, The Netherlands – IZA, Bonn, Germany
Title: Business visits, technology transfer and productivity growth
Abstract: This paper builds on and considerably extends Piva, Tani and Vivarelli (2018), confirming the key role of Business Visits as a productivity enhancing channel of technology transfer. Our analysis is based on a unique database on business visits sourced from the U.S. National Business Travel Association, merged with OECD and World Bank data and resulting in an unbalanced panel covering 33 sectors and 14 countries over the period 1998-2013 (3,574 longitudinal observations). We find evidence that BVs contribute to fostering labour productivity in a significant way. While this is consistent with what found by the previous (scant) empirical literature on the subject, we also find that short-term mobility exhibits decreasing returns, being more crucial in those sectors characterized by less mobility and by lower productivity performances.
Length:26
Creation-Date: 2020-03
File-URL: http://dipartimenti.unicatt.it/politica-economica-DIPE0010.pdf
File-Format: Application/pdf
File-Function: First version, 2020
Number: dipe0010
Classification-JEL: J61, O33
Keywords: Business visits, Labour mobility, Knowledge diffusion, R&D, Productivity
Handle: RePEc:ctc:serie5:dipe0010