| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4682 |
| 来源ID | Working Paper 4682 |
| International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors | |
| Jeffrey I. Bernstein; Pierre Mohnen | |
| 发表日期 | 1994-03-01 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | A great deal of empirical evidence shows that a country's production structure and productivity growth depend on its own R&D capital formation. With the growing role of international trade, foreign investment and international knowledge diffusion, domestic production and productivity also depend on the R&D activities of other countries. The purpose of this paper is to empirically investigate the bilateral link between the U.S. and Japanese economies in terms of how R&D capital formation in one country affects the production structure, physical and R&D capital accumulation, and productivity growth in the other country. We find that production processes become less labor intensive as international R&D spillovers grow. In the short-run, R&D intensity is complementary to the international spillover. This relationship persists in the long-run for the U.S., but the Japanese decrease their own R&D intensity. U.S. R&D capital accounts for 60% of Japanese total factor productivity growth, while Japanese R&D capital contributes 20% to U.S. productivity gains. International spillovers cause social rates of return to be about four times the private returns. |
| 主题 | Other |
| URL | https://www.nber.org/papers/w4682 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562072 |
| 推荐引用方式 GB/T 7714 | Jeffrey I. Bernstein,Pierre Mohnen. International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors. 1994. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4682.pdf（254KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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