R&D Spillovers In Agriculture: Results From A North-South Trade Model
AbstractThis study attempts to analyze technical change and the role of R&D spillovers in this process using a quality innovation model. Domestic R&D sector consists of a public and a private R&D sector. Trade is the mechanism through which R&D spillovers are realized, along with increased market size and increased competition. Propositions of the model are tested for the U.S. agricultural sector data. It is found that R&D spillovers affect technological change as well as private R&D spending significantly and positively.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 22258.
Date of creation: 2003
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