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International R&D spillovers in the multi-country Schumpeterian growth model

Author

Listed:
  • KOCH, Wilfried

    (LEG - CNRS UMR 5118 - Université de Bourgogne)

  • ERTUR, Cem

    (LEO - Université d'Orléans)

Abstract

This paper reconsiders the multi-country Schumpeterian growth model and its empirical implications. We first show that the model implies a spatial econometric reduced form. Indeed, the global interdependance implied by international R&D spillovers needs to be taken into account in the theoretical model as well as in the empirical model. The spatial econometric model we propose includes the neoclassical growth model as a particular case. We can therefore test explicitly the role of R&D investment in the long run growth model. Finally, the proprieties of our spatial econometric specification allow evaluating explicitly the impact of home and foreign R&D spillovers.

Suggested Citation

  • KOCH, Wilfried & ERTUR, Cem, 2007. "International R&D spillovers in the multi-country Schumpeterian growth model," LEG - Document de travail - Economie 2007-04, LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne.
    • Handle: RePEc:lat:legeco:2007-04
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    Cited by:

    1. James P. LeSage & R. Kelley Pace, 2008. "Spatial Econometric Modeling Of Origin‐Destination Flows," Journal of Regional Science, Wiley Blackwell, vol. 48(5), pages 941-967, December.
    2. Braunerhjelm, Pontus, 2010. "Entrepreneurship, Innovation and Economic Growth – Past experiences, current knowledge and policy implications," Working Papers 2010:2, Swedish Entrepreneurship Forum.

    More about this item

    Keywords

    multi-country model; Schumpeterian growth; R&D spillovers; spatial econometrics;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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