International R&D spillovers in the multi-country Schumpeterian growth model
AbstractThis paper reconsiders the multi-country Schumpeterian growth model and its empirical implications. We first show that the model implies a spatial econometric reduced form. Indeed, the global interdependance implied by international R&D spillovers needs to be taken into account in the theoretical model as well as in the empirical model. The spatial econometric model we propose includes the neoclassical growth model as a particular case. We can therefore test explicitly the role of R&D investment in the long run growth model. Finally, the proprieties of our spatial econometric specification allow evaluating explicitly the impact of home and foreign R&D spillovers.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by LEG, Laboratoire d'Economie et de Gestion, CNRS UMR 5118, Université de Bourgogne in its series LEG - Document de travail - Economie with number 2007-04.
Length: 32 pages
Date of creation: Nov 2007
Date of revision:
Contact details of provider:
Postal: Pôle d'Economie et de Gestion - 2, bd Gabriel - BP 26611 - F-21066 Dijon cedex - France
Phone: 03 80 39 54 30
Fax: 33 (0)3 80 39 54 43
Web page: http://www.u-bourgogne.fr/LEG
More information through EDIRC
multi-country model; Schumpeterian growth; R&D spillovers; spatial econometrics;
Find related papers by JEL classification:
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Braunerhjelm, Pontus, 2010.
"Entrepreneurship, Innovation and Economic Growth - past experience, current knowledge and policy implications,"
Working Paper Series in Economics and Institutions of Innovation
224, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Braunerhjelm, Pontus, 2010. "Entrepreneurship, Innovation and Economic Growth – Past experiences, current knowledge and policy implications," Working Papers 2010:2, Swedish Entrepreneurship Forum.
- James P. LeSage & R. Kelley Pace, 2008. "Spatial Econometric Modeling Of Origin-Destination Flows," Journal of Regional Science, Wiley Blackwell, vol. 48(5), pages 941-967.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anne-Marie Piketty).
If references are entirely missing, you can add them using this form.