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International R&D spillovers amongst OECD economies

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  • Hans-Jurgen Engelbrecht

Abstract

Theories of endogenous growth have recently explored the role of international R&D spillovers. This study extends Coe and Helpman's model (Coe, D. T. and Helpman, E., 1995, International R&D spillovers, European Economic Review, 39, 859-87) allowing for country-specific spillover effects using interactive dummy variables, by netting out the impact of productivity catch-up, and by including a business cycle variable. The empirical results suggest a diverse picture. For some countries, e.g. the USA, Canada and West Germany, recent spillovers seem to have a negative impact on TFP. Hypotheses are suggested to explain the results.

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  • Hans-Jurgen Engelbrecht, 1997. "International R&D spillovers amongst OECD economies," Applied Economics Letters, Taylor & Francis Journals, vol. 4(5), pages 315-319.
    • Handle: RePEc:taf:apeclt:v:4:y:1997:i:5:p:315-319
    DOI: 10.1080/758532600
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    References listed on IDEAS

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    1. Coe, David T. & Helpman, Elhanan, 1995. "International R&D spillovers," European Economic Review, Elsevier, vol. 39(5), pages 859-887, May.
    2. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
    3. Gregory Mankiw, 1995. "The Growth of Nations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 275-326.
    4. Robert Summers & Alan Heston, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950–1988," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 327-368.
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    Cited by:

    1. Carmela Martin & Francisco J. Velazquez & Jorge Crespo., 2001. "The Role of International Technological Spillovers in the Economic Growth of the OECD Countries ," European Economy Group Working Papers 6, European Economy Group.
    2. Gary Madden & Scott Savage & Paul Bloxham, 2001. "Asian and OECD international R&D spillovers," Applied Economics Letters, Taylor & Francis Journals, vol. 8(7), pages 431-435.
    3. Robin Johnson & W. A. Razzak & Steven Stillman, 2007. "Has New Zealand benefited from its investments in research & development?," Applied Economics, Taylor & Francis Journals, vol. 39(19), pages 2425-2440.
    4. Julia Hall & Grant M Scobie, 2006. "The Role of R&D in Productivity Growth: The Case of Agriculture in New Zealand: 1927 to 2001," Treasury Working Paper Series 06/01, New Zealand Treasury.
    5. Xinxin Zhao & Zongjun Wang & Min Deng, 2019. "Interest Rate Marketization, Financing Constraints and R&D Investments: Evidence from China," Sustainability, MDPI, vol. 11(8), pages 1-17, April.
    6. Krishna Iyer & Alicia Rambaldi & Kam Ki Tang, 2009. "How trade and foreign investment affect the growth of a small but not so open economy: Australia?," Applied Economics, Taylor & Francis Journals, vol. 41(12), pages 1525-1532.
    7. Jianping Liu & Kai Lu & Shixiong Cheng, 2018. "International R&D Spillovers and Innovation Efficiency," Sustainability, MDPI, vol. 10(11), pages 1-23, October.
    8. Oana Ramona Lobont & Raul Purcarita & Sorana Vatavu & Florin Costea, 2021. "A Bibliometric Mapping of the Research Trends of Public Governance and Entrepreneurship Framework," Postmodern Openings, Editura Lumen, Department of Economics, vol. 12(1Sup1), pages 35-53, April.
    9. Erdal Atukeren, 2005. "R&D Races and Spillovers between the EU and the US: Some Causal Evidence," KOF Working papers 05-105, KOF Swiss Economic Institute, ETH Zurich.
    10. Pedro Mendi, 2007. "Contractual implications of international trade in tacit knowledge," Applied Economics, Taylor & Francis Journals, vol. 39(9), pages 1173-1183.
    11. Yuen Ping Ho & Poh Kam Wong & Mun Heng Toh, 2009. "The Impact Of R&D On The Singapore Economy: An Empirical Evaluation," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 54(01), pages 1-20.
    12. Ben Fine, 1998. "Endogenous Growth Theory: A Critical Assessment," Working Papers 80, Department of Economics, SOAS University of London, UK.
    13. Antonio Musolesi, 2007. "R&D and productivity in 16 OECD countries: some heterogeneous panel estimations," Applied Economics Letters, Taylor & Francis Journals, vol. 14(7), pages 493-496.
    14. Sang-Yong Tom Lee & Xiao Jia Guo, 2004. "Information and Communications Technology (ICT) and Spillover: A Panel Analysis," Econometric Society 2004 Far Eastern Meetings 722, Econometric Society.

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