TY  - RPRT
        AU  - Dowrick, Steve
AU  - Tani, Massimiliano
        TI  - International Business Visits and the Technology Frontier
        PY  - 2008/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 3417
        UR  - https://www.iza.org/index.php/publications/dp3417
        AB  - 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.
        KW  - business trips
KW  - face-to-face meetings
KW  - international labour movements
KW  - growth
KW  - productivity
        ER  -