Trade and sectoral performance in Africa
Does technological innovation matter
Bibliographic Data
| ID | 13040670 |
|---|---|
| Authors | Dayo Benedict Olanipekun (0000-0003-0616-3567, Ekiti State University, corresponding author) |
| Year | 2023 |
| Volume | 15 |
| Issue | 1 |
| Pages | 25-39 |
| Publication date | 2023-07-07 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Innovation and Development (JOURNAL) |
| Journal identifiers | ISSN: 2157-9318 • E-ISSN: 2157-930X |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/2157930x.2023.2229136 |
| OpenAlex | W4383532551 |
| Language | EN |
| References cited | 38 |
This study examines how trade openness and technological innovation (measured by patent registration, research and development expenditure as a percentage of GDP and intellectual property rights) affect sectoral performance in Africa. A disaggregated approach was adopted by considering three major sectors; namely, agriculture, manufacturing and service using two-step system generalized method of moment technique. The result shows that trade openness has a positive and statistically significant effect on agricultural and service sectors’ performance. The effect of technological innovation on sectoral performance produces diverse evidence. First, research and development (R&D) and intellectual property rights index significantly affect agricultural sector performance. Second, R&D simply affect manufacturing sector performance. Third, the three technological innovation indicators have a significant effect on service sector performance. Policies strategies should focus on trade openness, increase in government expenditure on research and development and adequate support for patents and intellectual property rights to improve sector-level performance
Affect (linguistics · Agriculture · Business · Economics · Government (linguistics · Index (typography · Industrial organization · Intellectual property · International economics · International trade · Macroeconomics · Openness to experience · Political science · Service (business · Technological change · Tertiary sector of the economy · Economic Growth and Development · Economic Growth and Productivity · Energy, Environment, Economic Growth · Marketing
Increasing returns, monopolistic competition, and international trade
Learning by Doing and the Dynamic Effects of International Trade
Economic Integration and Endogenous Growth
Technological Diffusion, Convergence, and Growth
Technological Innovation, Resource Allocation, and Growth
How to do Xtabond2
On the mechanics of economic development
Some Tests of Specification for Panel Data
Initial conditions and moment restrictions in dynamic panel data models
Long-Run Policy Analysis and Long-Run Growth
Endogenous Technological Change
Why Trade Liberalisation is Good for Growth
Trade and Sectoral Productivity
A Contribution to the Theory of Economic Growth
| Citation velocity | historical |
|---|---|
| Highly cited | No |