"Spillovers" And Productivity: The Case Of The Taiwanese High-Tech Firms
Abstract"In this paper, we first estimate firms' total factor productivity by differentiating marginal contributions to firms' production from various types of workers, grouped by their highest educational attainments. Second, we investigate whether there are human capital as well as research and development (R&D) spillovers across firms. Using data for 72 Taiwanese high-tech firms, we find (a) more educated workers are more productive: workers with master's (bachelor's) degrees are at least three times (two times) as productive as high school-graduated ones, (b) human capital and R&D spillovers are substantial across firms, and (iii) smaller firms tend to benefit more from R&D spillovers. "("JEL "D24, I21, O3) Copyright (c) 2007 Western Economic Association International.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Contemporary Economic Policy.
Volume (Year): 26 (2008)
Issue (Month): 2 (04)
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Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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