%0 Report
        %A Dowrick, Steve
%A Tani, Massimiliano
        %T International Business Visits and the Technology Frontier
        %D 2008
        %8 2008 Mar
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 3417
        %U https://www.iza.org/index.php/publications/dp3417
        %X This paper studies the impact of international business trips on the stock of knowledge available to an economy. It develops a theoretical model to analyse the possible effects, and presents an empirical application using productivity data for a panel of twelve Australian industries during 1991/2-2005/6. Business trips emerge as a significant source of productivity growth. As the knowledge transferred through business visits is non-rival, both countries of origin and destination can gain from the human capital of travellers. As a result, even countries traditionally disadvantaged by geography, size, or level of economic development have the opportunity to access the latest technology and information to stimulate growth.
        %K business trips
%K face-to-face meetings
%K international labour movements
%K growth
%K productivity