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and firms across different countries. Motivated by the large share of the world's technology investments made by firms … for technological externalities, or spillovers. In addition to a review of recent empirical research on technology … multinational enterprises. The analysis highlights challenges for future empirical research, as well as the need for additional data …
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The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working …
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This paper investigates the geographic extent of FDI technology spillovers and associated spatial diffusion. By adopting a spatiotemporal autoregressive panel model as the platform of our study, the complex impact resulting from FDI penetration is separated into spatial direct and indirect...
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