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Domestic and International Knowledge Spillovers in the South Korean Manufacturing Industries

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  • Singh, Lakhwinder

Abstract

This paper explores the relationship between the productivity growth and both domestic and international knowledge spillovers in the Korean manufacturing industries, using panel data for twenty eight industries over the period 1970-2000. To empirically verify the extent of domestic and international knowledge spillovers we have followed endogenous growth approach and wisdom from new international trade theory. We find strong productivity effects from industry’s own R&D as well as domestic and foreign knowledge spillovers. International knowledge spillovers transmitted by trade played dominant role in explaining productivity growth in the Korean manufacturing industries during the 1970s and 1980s, but the international knowledge spillovers did not play any significant role in the 1990s. This empirical finding has strong implications for the Korean technology policy as well as for the strict intellectual property rights regime enacted by the WTO.

Suggested Citation

  • Singh, Lakhwinder, 2006. "Domestic and International Knowledge Spillovers in the South Korean Manufacturing Industries," MPRA Paper 98, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:98
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    Cited by:

    1. Dirk Meissner, 2012. "The Economic Impact of Spillovers from R&D and Innovation," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 6(4), pages 20-31.
    2. Hulya Ulku & Mehmet Pamukcu, 2015. "The impact of R&D and knowledge diffusion on the productivity of manufacturing firms in Turkey," Journal of Productivity Analysis, Springer, vol. 44(1), pages 79-95, August.
    3. Daniel Toro González & José Mola Ávila & Vanessa Angulo Carvajal & Martha Castro Porto & José Manuel Gómez & Marlis Angulo Vásquez, 2015. "El impacto tecnológico de la innovación en la industria naval: El Caso de Cotecmar," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 9(2), pages 147-167, December.
    4. Lakhwinder Singh, 2006. "Innovations, High-Tech Trade and Industrial Development: Theory, Evidence and Policy," WIDER Working Paper Series RP2006-27, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Knowledge spillovers; Productivity growth; Manufacturing industry; South Korea;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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