Guangsi Li, Xiang Xu
Abstract
Based on the theory of advantage of backwardness,this paper analyzes the effect of technology imports on economic convergence.Our theoretical results reveal that the relationship between technology imports and economic convergence is positive.Empirical findings are consistent with this hypothesis.
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Based on the theory of advantage of backwardness,this paper analyzes the effect of technology imports on economic convergence.Our theoretical results reveal that the relationship between technology imports and economic convergence is positive.Empirical findings are consistent with this hypothesis.
Key concepts: Backwardness, Convergence (economics), Economics, Technological convergence, International trade, Macroeconomics, Econometrics, International economics