Corrected link here: link.springer.com/article/10.1...

If you're interested in how trade, technology diffusion, and absorptive capacity shape development outcomes, check out the full paper in the link below:
doi.org/10.1007/s10842…
Thanks for reading! (5/5)

Empirical evidence backs up the existence of these three mechanisms. For instance, education and R&D are essential for absorptive capacity, and in their absence trade end up hindering diffusion and growth. Trade, without sufficient absorptive capacity, amplifies divergence. (4/5)

I identify three ways in which absorptive capacity affects diffusion and makes trade a force of divergence:
1️⃣ Easier diffusion when the South is (technologically) closer to the North.
2️⃣ Factor-biased technologies.
3️⃣ Sectoral differences in technology absorption capabilities. (3/5)

The paper critiques the consensus that North–South trade fosters development if technology diffuses internationally. I argue that uneven development can still emerge from trade when absorptive capacity is crucial for effective diffusion. (2/5)

Me alegra mucho. Un abrazo, estimado.