Macroeconometric comparative analysis of the effects of Eastern European and Western technologies on less developed countries: the case of Egypt
Thesis/Dissertation
·
OSTI ID:5983603
The primary objective of this study was to compare the effects of different technologies on the economic growth of the less developed countries (LDCs) of the Middle East. The primary question the study sought to answer was: how does the impact of Western, capital-intensive technology on the economic growth of LDCs compare to that of Eastern European, labor intensive technology. In addition, four subsidiary questions were posed, dealing with the policies, mechanisms, and institutions involved in the transfer of technology and the volume, trends, and patterns of technology transfer from the different suppliers. The study used the production function approach to develop econometric models that helped quantify the impact of the different technologies embodied in capital. To construct such models, capital was disaggregated into three factors: Eastern European, Western, and domestic. Then, using these econometric models, data for the period 1952-1980 were collected for the industrial sector of Egypt, and regression analyses, linear and nonlinear, were conducted. Results are presented briefly. It was also revealed that the contribution of total factor productivity to growth in Egyptian industry is small relative to the contribution of physical inputs.
- Research Organization:
- George Washington Univ., Washington, DC (USA)
- OSTI ID:
- 5983603
- Country of Publication:
- United States
- Language:
- English
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