Dynamics of technology gap between OECD and African countries: A structural estimation
Like other technology gap models, the application of “the Latin American Structuralism” model in OECD & African countries reveals that the technology spillovers due to the technology gap is not as easy task as it was presumed by the mainstream growth theories. Using the per capita GDP gap be...
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| Format: | Article |
| Language: | English |
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Elsevier
2021-03-01
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| Series: | Scientific African |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2468227620304105 |
| _version_ | 1818676840663875584 |
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| author | Samson Gebrerufael |
| author_facet | Samson Gebrerufael |
| author_sort | Samson Gebrerufael |
| collection | DOAJ |
| description | Like other technology gap models, the application of “the Latin American Structuralism” model in OECD & African countries reveals that the technology spillovers due to the technology gap is not as easy task as it was presumed by the mainstream growth theories. Using the per capita GDP gap between the OECD and sample African countries as a proxy for the technology gap, this paper indicates that the technology gap growth rate has been further soaring instead of revealing the normal falling tendency. The finding implies the absence of “automatic catch-up tendency” between the homogenous technology producing countries (OECD) and the heterogeneous technology extracting countries (Africa) and the “weak effort” African countries exerted so far to benefit from the technology gap in the form of spillovers from technology imitation.Among African relative sectoral growth contributions, the relative growth contributions of the agriculture and service sectors negatively affect the technology gap growth rate. However, they cause the equilibrium technology gap to further soar. It suggests the need for structural transformation in Africa. The two-steps difference GMM model is used on a panel of 34 African countries for ten years (2005–2014). |
| first_indexed | 2024-12-17T08:49:52Z |
| format | Article |
| id | doaj.art-b26bae628815474d922ecb2c88d03d03 |
| institution | Directory Open Access Journal |
| issn | 2468-2276 |
| language | English |
| last_indexed | 2024-12-17T08:49:52Z |
| publishDate | 2021-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Scientific African |
| spelling | doaj.art-b26bae628815474d922ecb2c88d03d032022-12-21T21:56:06ZengElsevierScientific African2468-22762021-03-0111e00674Dynamics of technology gap between OECD and African countries: A structural estimationSamson Gebrerufael0Maastricht University (UNU-MERIT), 1010 Boschstraat 24, 6211 AX Maastricht, the Netherlands; Aksum University, Ethiopia; Correspondence to: Maastricht University (UNU-MERIT), 1010 Boschstraat 24, 6211 AX Maastricht, the Netherlands.Like other technology gap models, the application of “the Latin American Structuralism” model in OECD & African countries reveals that the technology spillovers due to the technology gap is not as easy task as it was presumed by the mainstream growth theories. Using the per capita GDP gap between the OECD and sample African countries as a proxy for the technology gap, this paper indicates that the technology gap growth rate has been further soaring instead of revealing the normal falling tendency. The finding implies the absence of “automatic catch-up tendency” between the homogenous technology producing countries (OECD) and the heterogeneous technology extracting countries (Africa) and the “weak effort” African countries exerted so far to benefit from the technology gap in the form of spillovers from technology imitation.Among African relative sectoral growth contributions, the relative growth contributions of the agriculture and service sectors negatively affect the technology gap growth rate. However, they cause the equilibrium technology gap to further soar. It suggests the need for structural transformation in Africa. The two-steps difference GMM model is used on a panel of 34 African countries for ten years (2005–2014).http://www.sciencedirect.com/science/article/pii/S2468227620304105O1O3 |
| spellingShingle | Samson Gebrerufael Dynamics of technology gap between OECD and African countries: A structural estimation Scientific African O1 O3 |
| title | Dynamics of technology gap between OECD and African countries: A structural estimation |
| title_full | Dynamics of technology gap between OECD and African countries: A structural estimation |
| title_fullStr | Dynamics of technology gap between OECD and African countries: A structural estimation |
| title_full_unstemmed | Dynamics of technology gap between OECD and African countries: A structural estimation |
| title_short | Dynamics of technology gap between OECD and African countries: A structural estimation |
| title_sort | dynamics of technology gap between oecd and african countries a structural estimation |
| topic | O1 O3 |
| url | http://www.sciencedirect.com/science/article/pii/S2468227620304105 |
| work_keys_str_mv | AT samsongebrerufael dynamicsoftechnologygapbetweenoecdandafricancountriesastructuralestimation |