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