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来源类型Working Paper
规范类型报告
DOI10.3386/w28739
来源IDWorking Paper 28739
Knowledge Spillovers, Trade, and FDI
Wolfgang Keller
发表日期2021-05-03
出版年2021
语种英语
摘要This paper studies knowledge spillovers, positive externalities that augment the information set of an economic agent, and reviews the evidence on such spillovers in the context of international economic transactions. The entry discusses trade channels of knowledge transfer associated with purchases from abroad (imports) and sales to abroad (exports). Another focus is on the foreign direct investment (FDI) channel through purchases from abroad (inward FDI) and sales to abroad (outward FDI). The entry also distinguishes knowledge flows from foreign to domestic agents and from domestic to foreign agents. The entry underlines the importance of empirical methodology and data characteristics that determine the quality of econometric identification. Even though spillovers are by their very nature–as externalities–difficult to identify, over recent decades a number of advances have produced robust evidence that both trade and foreign direct investment lead to sizable knowledge spillovers. These advances have been both conceptual as well as in the areas of empirical methodology and new data.
主题International Economics ; Trade ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w28739
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586413
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GB/T 7714
Wolfgang Keller. Knowledge Spillovers, Trade, and FDI. 2021.
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