G2TT
来源类型Discussion paper
规范类型论文
来源IDDP840
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
URLhttps://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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