Effects of innovative capacity on economic growth of the states in Mexico

The objective of this paper is to estimate the effect that innovative capacity exerts on the economic growth of the states in Mexico, highlighting the differences in their locative context and degree of international integration. The estimation method consists of a dynamic panel econometric model fo...

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Bibliografiske detaljer
Autores principales: Ríos-Flores, Jesús Armando, Ocegueda Hernández, Juan Manuel
Format: Online
Sprog:spa
eng
Udgivet: Universidad Autónoma de Baja California 2018
Online adgang:https://ref.uabc.mx/ojs/index.php/ref/article/view/690
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Summary:The objective of this paper is to estimate the effect that innovative capacity exerts on the economic growth of the states in Mexico, highlighting the differences in their locative context and degree of international integration. The estimation method consists of a dynamic panel econometric model for the period 1998-2013 with annual data. To avoid technical and statistical discrepancies of the patents, an aggregate indicator of technological activities is constructed with a factorial model. The results show positive effects of the innovative capacity in the growth only for the entities with greater integration to the international market and those located in the northern border. In the case of patents, no specification was found that has significant effects. Among the implications for public policies of economic growth based on science and technology is that differentiation by context optimizes its functionality and efficiency.