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International R&D Spillovers And Productivity Trends In The Asian Miracle Economies

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  • James B. Ang
  • Jakob B. Madsen

Abstract

This paper examines the importance of the domestic R&D stock and foreign knowledge spillovers on total factor productivity for six Asian miracle economies over the period from 1955 to 2006. The productivity effects of international knowledge spillovers through the following channels are considered: imports, exports, inward foreign direct investment, patents, geographical proximity and no specific channel. The estimates show that knowledge has been transmitted through all the channels considered but that the import channel and the no-weighting channel have probably been the most important ones for the Asian miracle economies.

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File URL: http://www.buseco.monash.edu.au/eco/research/papers/2012/0312internationalrdangmadsen.pdf
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Bibliographic Info

Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 03-12.

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Length: 32 pages
Date of creation: Mar 2012
Date of revision:
Handle: RePEc:mos:moswps:2012-03

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Keywords: Asian miracle; knowledge spillovers; R&D; TFP;

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References

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Citations

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Cited by:
  1. Krammer, Sorin, 2010. "Do good institutions enhance the effect of technological spillovers on productivity? Comparative evidence from developed and transition economies," MPRA Paper 53985, University Library of Munich, Germany, revised 07 Feb 2014.
  2. Heike Belitz & Florian Mölders, 2013. "International Knowledge Spillovers through High-Tech Imports and R&D of Foreign-Owned Firms," Discussion Papers of DIW Berlin 1276, DIW Berlin, German Institute for Economic Research.
  3. Krammer, Sorin, 2013. "Assessing the relative importance of multiple channels for embodied and disembodied technological spillovers," MPRA Paper 53676, University Library of Munich, Germany.
  4. James B. Ang & Jakob B. Madsen, 2012. "Risk Capital, Private Credit And Innovative Production," Development Research Unit Working Paper Series 08-12, Monash University, Department of Economics.
  5. James B. Ang & Jakob B. Madsen, 2012. "Imitation Versus Innovation In An Aging Society: International Evidence Since 1870," Development Research Unit Working Paper Series 45-12, Monash University, Department of Economics.

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