In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects which are more precisely estimated than by employing the 'true' bilateral trade shares. This casts some doubt on the earlier results in the literature.
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Paper provided by EconWPA in its series International Trade with number
9608002.
Length: 16 pages Date of creation: 23 Aug 1996 Date of revision: Handle: RePEc:wpa:wuwpit:9608002
Note: Type of Document - Latex; prepared on IBM PC ; to print on HP or Postscript; pages: 16 . Latex paper, written with Scientific Word 2.0; Excel figures (request from author) Contact details of provider: Web page: http://129.3.20.41
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Find related papers by JEL classification: F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods O3 - Economic Development, Technological Change, and Growth - - Technological Change O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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