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R&D, Intersectoral and International Knowledge Spillovers and Human Capital: An Empirical Investigation

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Equations are presented that relate the long-run evolution of productivity of manufacturing sectors to R&D capital in (i) the concerned sector (within the country considered), (ii) the other domestic sectors, (iii) the concerned sector abroad and (iv) the other sectors abroad, as well as to human capital. A cointegration analysis is performed on annual panel data with respect to a set of manufacturing industries in a series of 0ECD countries over the period 1972-1991. The results show that not only own R&D efforts, but also domestic and international intersectoral and intrasectoral R&D knowledge spillovers exercise a significant influence on productivity. Moreover, there is an important net positive impact of human capital. This is explained by the complementarity between the R&D process and the accumulation of human capital.

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  • Frantzen, Dirk, 2000. "R&D, Intersectoral and International Knowledge Spillovers and Human Capital: An Empirical Investigation," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 53(4), pages 487-505.
    • Handle: RePEc:ris:ecoint:0233
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    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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