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International and Intersectoral R&D Spillovers in the OECD and East Asian Economies

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Author Info
Jungsoo Park

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Abstract

This study empirically explores international and intersectoral R&D spillover effects on the total factor productivity growth of manufacturing and nonmanufacturing sectors based on a pooled time-series data set of 14 OECD economies and 3 East Asian economies--Korea, Singapore, and Taiwan. The study finds that foreign manufacturing R&D has strong influence on domestic productivity growths of both sectors and that domestic manufacturing R&D has a substantial intersectoral R&D spillover effect on domestic nonmanufacturing productivity growth. The social rates of return to manufacturing R&D are estimated to be two to six times greater than the private rates of return. (JEL D24, O33, F10) Copyright 2004, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/ei/cbh093
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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 42 (2004)
Issue (Month): 4 (October)
Pages: 739-757
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Handle: RePEc:oup:ecinqu:v:42:y:2004:i:4:p:739-757

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Keywords:

Find related papers by JEL classification:
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
F10 - International Economics - - Trade - - - General

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  1. Pedro Mazeda Gil & Óscar Afonso, 2008. "Technological-Knowledge Dynamics in Lab-Equipment Models of Quality Ladders," FEP Working Papers 283, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
  2. Jürgen Bitzer & Andreas Stephan, 2007. "A Schumpeter-inspired approach to the construction of R&D capital stocks," Applied Economics, Taylor and Francis Journals, vol. 39(2), pages 179-189, February. [Downloadable!] (restricted)
    Other versions:
  3. Nicholas Apergis & Claire Economidou & Ioannis Filippidis, 2008. "Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 144(3), pages 491-508, October. [Downloadable!] (restricted)
    Other versions:
  4. Esposti, R., 2008. "Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43955, European Association of Agricultural Economists. [Downloadable!]
    Other versions:
  5. Franco Malerba & Maria Luisa Mancusi & Fabio Montobbio, 2007. "Innovation, international R&D Spillovers and the sectoral heterogeneity of knowledge flows," CESPRI Working Papers 204, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Oct 2007. [Downloadable!]
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