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来源类型Working Paper
规范类型报告
DOI10.3386/w14069
来源IDWorking Paper 14069
International R&D Spillovers and Institutions
David T. Coe; Elhanan Helpman; Alexander W. Hoffmaister
发表日期2008-06-06
出版年2008
语种英语
摘要The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in Coe and Helpman about the impact of domestic and foreign R&D capital stocks on TFP. In addition, we show that domestic and foreign R&D capital stocks have measurable impacts on TFP even after controlling for the impact of human capital. Furthermore, we extend the analysis to include institutional variables, such as legal origin and patent protection, in order to allow for parameter heterogeneity based on a country's institutional characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that they impact the degree of R&D spillovers.
主题Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w14069
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/571744
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GB/T 7714
David T. Coe,Elhanan Helpman,Alexander W. Hoffmaister. International R&D Spillovers and Institutions. 2008.
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