Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …

In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the …

This paper presents estimates of the productivity and factor bias effects of interindustry Ramp;D spillovers for five …

that their functional form of how foreign R&D affects domestic productivity via imports is probably incorrect. We provide …

&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity … between R&D expenditures and growth of output or total factor productivity. The relation is pervasive, though the magnitudes …, there is evidence that R&D as a factor of production affects not only productivity growth but also the demand for …

Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign … larger and explain more of the variation in productivity across countries than if true' bilateral trade patterns are employed …

-producing country such as the U.S. is associated with a 0.15% lower level of productivity. Second, technological knowledge has become … more global over the sample period. As a determinant of productivity, foreign R&D has significantly gained in importance …