Knowledge and Development: A Cross-Section Approach

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dc.creatorChen, Derek H. C.
dc.creatorDahlman, Carl J.
dc.date2013-06-25T14:22:08Z
dc.date2013-06-25T14:22:08Z
dc.date2004-08
dc.date.accessioned2026-07-01T01:17:13Z
dc.descriptionThis paper assesses the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a significant determinant of long-term economic growth. In particular, the authors find that the stock of human capital, the level of domestic innovation and technological adaptation, and the level of information and communications technologies (ICT) infrastructure all exert statistically significant positive effects on long-term economic growth. More specifically with regard to the growth effects of the human capital stock, they find that an increase of 20 percent in the average years of schooling of a population tends to increase the average annual economic growth by 0.15 percentage point. In terms of innovation, the authors find that a 20 percent increase in the annual number of USPTO patents granted is associated with an increase of 3.8 percentage points in annual economic growth. Lastly, when the ICT infrastructure, measured by the number of telephones per 1,000 persons, is increased by 20 percent, they find that annual economic growth tends to increase by 0.11 percentage point.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2004/08/5071856/knowledge-development-cross-section-approach
dc.identifierhttps://hdl.handle.net/10986/14163
dc.identifierhttps://doi.org/10.1596/1813-9450-3366
dc.identifier.urihttp://hdl.handle.net/123456789/416731
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relationPolicy Research Working Paper;No.3366
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADAPTATION
dc.subjectAGED
dc.subjectAGGREGATE OUTPUT
dc.subjectAGGREGATE PRODUCTION FUNCTION
dc.subjectAGRICULTURE
dc.subjectBASIC EDUCATION
dc.subjectBUDGET DEFICITS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONSUMERS
dc.subjectCONTRIBUTION OF KNOWLEDGE
dc.subjectCOUNTRY SPECIFIC
dc.subjectDATA SETS
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT PROCESSES
dc.subjectDIMINISHING RETURNS
dc.subjectECONOMIC AGENTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectEDUCATION LEVEL
dc.subjectEDUCATION SYSTEMS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectELASTICITY
dc.subjectEMPIRICAL EVIDENCE
dc.subjectESTIMATED COEFFICIENT
dc.subjectEXCHANGE RATE
dc.subjectFACTOR ACCUMULATION
dc.subjectFACTORS OF PRODUCTION
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOSTER COMPETITION
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL SUPPLY
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGROSS INVESTMENT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH THEORY
dc.subjectHOLISTIC APPROACH
dc.subjectHUMAN CAPITAL
dc.subjectIMPORTS
dc.subjectINCREASES IN OUTPUT
dc.subjectINCREASING RETURNS
dc.subjectINDEPENDENT VARIABLES
dc.subjectINDUSTRIAL ECONOMIES
dc.subjectINDUSTRIALIZED COUNTRIES
dc.subjectINFLATION
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectINTERNATIONAL TRADE
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLEVEL OF OUTPUT
dc.subjectLEVEL OF TECHNOLOGY
dc.subjectLONG-RUN GROWTH
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMEDIA
dc.subjectMONETARY ECONOMICS
dc.subjectMOTIVATION
dc.subjectOUTPUT PER CAPITA
dc.subjectPARENTS
dc.subjectPATENTS
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE EFFECTS
dc.subjectPRIMARY EDUCATION
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION PROCESSES
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC POLICY
dc.subjectRADIO
dc.subjectRATE OF RETURN
dc.subjectREAL GDP
dc.subjectRESEARCH CENTERS
dc.subjectSCHOOLS
dc.subjectSERVICE INDUSTRIES
dc.subjectSIGNIFICANT IMPACT
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNICAL KNOWLEDGE
dc.subjectTECHNICAL PROGRESS
dc.subjectTECHNOLOGICAL INNOVATION
dc.subjectTERTIARY EDUCATION
dc.subjectTFP
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL FACTOR PRODUCTIVITY GROWTH
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS KNOWLEDGE
dc.subjectECONOMIC GROWTH
dc.subjectINFORMATION
dc.subjectCOMMUNICATION
dc.subjectHUMAN CAPITAL
dc.subjectPATENTS
dc.subjectEDUCATION & ECONOMIC DEVELOPMENT
dc.subjectMACROECONOMIC GROWTH
dc.titleKnowledge and Development: A Cross-Section Approach

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