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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.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 98.

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Date of creation: 04 Oct 2006
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Publication status: Published in Economic and Political Weekly No.5.Vol. 3(2004): pp. 498-505
Handle: RePEc:pra:mprapa:98

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Keywords: Knowledge spillovers; Productivity growth; Manufacturing industry; South Korea;

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  1. Jan Fagerberg & Bart Verspagen, 1999. "Productivity, R&D Spillovers and Trade," Working Papers, Centre for Technology, Innovation and Culture, University of Oslo 3, Centre for Technology, Innovation and Culture, University of Oslo.
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  15. Robert E. Evenson & Lakhwinder Singh, 1997. "Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia," Working Papers, Economic Growth Center, Yale University 777, Economic Growth Center, Yale University.
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Cited by:
  1. Singh, Lakhwinder, 2006. "Innovations, High-Tech Trade and Industrial Development: Theory, Evidence and Policy," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) RP2006/27, World Institute for Development Economic Research (UNU-WIDER).

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