Abstract
The paper estimates the impact on Total Factor Productivity of trade-related R&D spillovers\r\nby accounting for the economic distance between countries. The Average Propagation\r\nLength foreign R&D covers to reach a domestic country is used in building the foreign\r\navailable R&D stock and to estimate its TFP impact vs. that of the domestic R&D stock. With\r\nrespect to 20 OECD countries in the period 1995–2005, the impact on TFP of the available\r\nforeign R&D stock is greater than that of the domestic one. Results support the models\r\nthat recognize indirect trade-related R&D spillovers and provide for them a more accurate\r\ninterpretation.
Lingua originale | Inglese |
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pagine (da-a) | 227-237 |
Numero di pagine | 11 |
Rivista | Structural Change and Economic Dynamics |
Volume | 22 |
Numero di pubblicazione | 3 |
Stato di pubblicazione | Pubblicato - 2011 |
Pubblicato esternamente | Sì |
Keywords
- Average Propagation Length
- International R&D spillovers
- Total Factor Productivity