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Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia

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  • Robert E. Evenson

    () (Economic Growth Center, Yale University)

  • Lakhwinder Singh

Abstract

This paper examines, within the new growth theory framework, the contribution of international technological spillovers using panel data for eleven Asian countries over the period 1970-93. A country's productivity growth is shown to depend not only on its domestic R&D investment but also on the R&D investment of its trading partners. The evidence for such positive international technological spillovers is strong. This paper also shows that the beneficial effects of international technological spillovers on productivity growth are stronger in South East Asian countries than that of of South Asian countries.

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File URL: http://www.econ.yale.edu/growth_pdf/cdp777.pdf
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Bibliographic Info

Paper provided by Economic Growth Center, Yale University in its series Working Papers with number 777.

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Length: 21 pages
Date of creation: Sep 1997
Date of revision:
Handle: RePEc:egc:wpaper:777

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Keywords: Economic Growth; Technology Spillovers; Asia;

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References

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  1. Coe, David T & Helpman, Elhanan & Hoffmaister, Alexander, 1995. "North-South R&D Spillovers," CEPR Discussion Papers 1133, C.E.P.R. Discussion Papers.
  2. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S71-102, October.
  3. Coe, D.T. & Helpman, E., 1993. "International R&D Spillovers," Papers 5-93, Tel Aviv.
  4. Zvi Griliches, 1980. "Returns to Research and Development Expenditures in the Private Sector," NBER Chapters, in: New Developments in Productivity Measurement, pages 419-462 National Bureau of Economic Research, Inc.
  5. Evenson, R.E. & Westphal, L.E., 1994. "Technological Change and Technology Strategy," Papers 709, Yale - Economic Growth Center.
  6. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-96, September.
  7. Robert J. Barro & Paul M. Romer, 1991. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr91-1, August.
    • Robert J. Barro & Paul Romer, 1993. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr93-1, August.
  8. Pack, Howard & Westphal, Larry E., 1986. "Industrial strategy and technological change : Theory versus reality," Journal of Development Economics, Elsevier, vol. 22(1), pages 87-128, June.
  9. Raut, Lakshmi K., 1995. "R & D spillover and productivity growth: Evidence from Indian private firms," Journal of Development Economics, Elsevier, vol. 48(1), pages 1-23, October.
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Citations

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Cited by:
  1. Singh, Lakhwinder, 2006. "Globalization, national innovation systems and response of public policy," MPRA Paper 641, University Library of Munich, Germany.
  2. Emerson Marinho & Maurício Benegas & Flávio Ataliba, 2005. "Vantagem Comparativa Dinâmica E Crescimento Endógeno Numa Economia Com Dois Setores: Agrícola E Industrial," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] 141, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  3. Singh, Lakhwinder, 2006. "Innovations, High-Tech Trade and Industrial Development: Theory, Evidence and Policy," Working Papers RP2006/27, World Institute for Development Economic Research (UNU-WIDER).
  4. Singh, Lakhwinder, 2006. "Domestic and International Knowledge Spillovers in the South Korean Manufacturing Industries," MPRA Paper 98, University Library of Munich, Germany.
  5. Alston, Julian M., 2002. "Spillovers," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(3), September.
  6. David Greenaway & Neil Foster & Rod Falvey, 2002. "North-South Trade, Knowledge Spillovers and Growth," European Economy Group Working Papers 15, European Economy Group.

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