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International R&D Spillovers and OECD Economic Growth Author info | Abstract | Publisher info | Download info | Related research | Statistics Park, Walter G
This paper quantifies the cross-national spillover effects of government and private investment in research and development using a panel data set of ten OECD countries. The results show that domestic private research is a significant determinant of both domestic and foreign productivity growth and that foreign government research stimulates domestic private research. These findings are significant in that they provide empirical support for arguments in favor of international economic policy coordination, particularly in the area of international science and technology. Copyright 1995 by Oxford University Press.
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Article provided by Oxford University Press in its journal Economic Inquiry .
Volume (Year): 33 (1995)
Issue (Month): 4 (October)
Pages: 571-91
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Handle: RePEc:oup:ecinqu:v:33:y:1995:i:4:p:571-91Contact details of provider: Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK Fax: 01865 267 985 Email: Web page: http://ei.oupjournals.org/
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