| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| How Trade Patterns and Technology Flows Affect Productivity Growth |
| Wolfgang Keller
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| 发表日期 | 1997
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| 出处 | Economy and Society
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| 出版年 | 1997
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| 语种 | 英语
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| 摘要 | This paper presents a model of international trade in differentiated intermediate goods. Because intermediates are invented through costly R&D investments, employing foreign intermediates implies sharing the return to R&D with the inventor country. We first derive how domestic productivity is related to foreign R&D investments. In the subsequent empirical analysis, industry level data for eight OECD countries between 1970-91 is used to estimate that relation. The robustness of interpreting empirical findings is emphasised, to which effect Monte-Carlo techniques are employed, and the part of international R&D spillovers that is related to trade is quantified. We find evidence, first, that domestic and foreign R&D affect productivity differently, in contrast to assuming symmetric effects. Second, the productivity effects resulting from R&D vary substantially by which country conducts the R&D. Third, we find that the composition of a country's import partners does not significantly affect the estimated effect from foreign R&D, indicating a large component in the benefit from foreign R&D which is not related to trade. Lastly, it is estimated that international trade contributes about 20% to the total productivity effect from foreign R&D. |
| 特色分类 | F12,F2,O3,O4,C15
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| 关键词 | International R&D spillovers,Intermediate goods trade,Embodied technical change,Monte Carlo estimation
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/how-trade-patterns-and-technology-flows-affect-productivity-growth/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116271
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推荐引用方式
GB/T 7714 |
Wolfgang Keller. How Trade Patterns and Technology Flows Affect Productivity Growth. 1997.
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文件名：
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NDL1997-072.pdf
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格式：
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Adobe PDF
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