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来源类型Working Paper
规范类型报告
DOI10.3386/w4444
来源IDWorking Paper 4444
International R&D Spillovers
David T. Coe; Elhanan Helpman
发表日期1993-08-01
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Development and Growth ; Growth and Productivity ; International Economics ; Trade
URLhttps://www.nber.org/papers/w4444
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561816
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GB/T 7714
David T. Coe,Elhanan Helpman. International R&D Spillovers. 1993.
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