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In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...
Persistent link: https://www.econbiz.de/10012472749
Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through … account two new potential channels of technology transfer: inward FDI and technology sourcing, as proxied by outward FDI. The … empirical results show that outward FDI flows and imports flows are two simultaneous channels through which technology is …
Persistent link: https://www.econbiz.de/10012473174
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of economic growth have emphasized this link and have also identified a number of channels through which a country's R&D affects total factor productivity of its trade partners....
Persistent link: https://www.econbiz.de/10012474506
This paper deals with the international effects of taxation. Tax policies have profound effects on the temporal composition and on the intertemporal evolution of the macro economy. The analysis highlights key issues pertinent for the understanding of international effects of domestic tax...
Persistent link: https://www.econbiz.de/10012476126
We survey research on the relationship between technology and trade. We begin with the old literature, which treated … the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent … research and development. This allows one to examine not only how technology affects trade, but also how trade affects the …
Persistent link: https://www.econbiz.de/10012473978
.S.A.)and the other with heavy R&D activities in applied technology(Japan), can compete in the world market with their productivity … that Japan is not spending much on basic technology development cannot be empirically substantiated from the study of the … technology.The second part of the paper is to show how two countries, one with heavy R&D activities in basic technology (the U …
Persistent link: https://www.econbiz.de/10012477573
While there is general agreement that technology differences must figure prominently in any successful account of the … cross-country income variation, not much is known on the source of these technology differences. This paper examines cross … to identify innovations in a number of key high-tech sectors. International technology transfer is found to play a …
Persistent link: https://www.econbiz.de/10012465568
We present a model of R&D-driven growth which predicts that technology, in the form of product designs and created … industry benefits also from other industries' technology investments, an effect which is at least in part due to trade in … embodied technology. We find that the benefit derived from foreign R&D in the same industry is in the order of 50%-95% of the …
Persistent link: https://www.econbiz.de/10012472701
In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the seven largest industrialized countries (G-7); (2) analyze the effect of spillovers on the structure of production, i.e., the effects on factor demand such as labor and investment...
Persistent link: https://www.econbiz.de/10012473032
. International technology trade among the OECD countries has increased substantially in recent years. The diffusion of new … enterprises' research operations, the latter being the most dynamic agents of technology transfer. With the further globalization …
Persistent link: https://www.econbiz.de/10012474527