Ouverture financière et rattrapage technologique : Evidence empirique à partir du bassin méditerranéen Report as inadecuate




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Abstract

This study analyses the effects of financial openness on productive efficiency and technology catch-up in four countries in the Mediterranean Basin Algeria, Egypt, Morocco and Tunisia as compared to the situation about the same in a group of developed countries France, Germany, Japan, and the UKover the period 1985-2005. Using the stochastic production frontier method with variable inefficiency Battese and Coelli, 1995 and the metafrontier techniqueBattese et al. 2004, we show, with the exception of Tunisia, that the productive efficiency of the first group of countries has continuously declined. We also identify an ever-widening technology gap for the first-group countries relatively to the second-group countries caused by among other things, a slowdown their financial openness from the second half of the 1990s.



Item Type: MPRA Paper -

Original Title: Ouverture financière et rattrapage technologique : Evidence empirique à partir du bassin méditerranéen-

English Title: Financial Openness and Technological Catch-up: Empirical Evidence from the Mediterranean Basin-

Language: French-

Keywords: financial openness, productive efficiency, technology catch-up-

Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output ConvergenceO - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - GeneralF - International Economics > F3 - International Finance > F36 - Financial Aspects of Economic Integration-





Author: Nabi, Mahmoud Sami

Source: https://mpra.ub.uni-muenchen.de/20637/







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