| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP840 |
| DP840 International R&D Spillovers | |
| Elhanan Helpman; David T. Coe | |
| 发表日期 | 1993-10-30 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of economic growth have emphasized this link and have also identified a number of channels through which a country's R&D affects total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We find large effects of both domestic and foreign R&D capital stocks on total factor productivity. The foreign R&D capital stocks have particularly large effects on the smaller countries in our sample (that consists of 22 countries). Moreover, we find that about one-quarter of the worldwide benefits of investment in R&D in the seven largest economies are appropriated by their trade partners. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Economic growth International trade R&d |
| URL | https://cepr.org/publications/dp840 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529994 |
| 推荐引用方式 GB/T 7714 | Elhanan Helpman,David T. Coe. DP840 International R&D Spillovers. 1993. |
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