The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by macro analysis.  Median value-added per employee is nearly 40 times higher in South Korea than Ghana.  The most important single factor in explaining this difference is the...

Chinese economic growth has been spectacular in the last 30 years.  We investigate the role of International Joint Ventures with Technology Transfer agreements, an understudied area.  Technology transfer is the traditional mechanism for developing countries to "catch up" and has been a key...

The UK`s business R&D (BERD) to GDP ratio is low compared to other leading economies, and the ratio has slowly declined over the 1990s. This paper uses data on large UK firms to analyse the link between R&D and productivity over the 1989-2000 period. Using a production function approach, and a...