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“Spillovers” And Productivity: The Case Of The Taiwanese High‐Tech Firms

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  • YANLING WANG
  • CHIA‐WEN CHAO

Abstract

In this paper, we first estimate firms’ total factor productivity by differentiating marginal contributions to firms’ production from various types of workers, grouped by their highest educational attainments. Second, we investigate whether there are human capital as well as research and development (R&D) spillovers across firms. Using data for 72 Taiwanese high‐tech firms, we find (a) more educated workers are more productive: workers with master’s (bachelor’s) degrees are at least three times (two times) as productive as high school–graduated ones, (b) human capital and R&D spillovers are substantial across firms, and (iii) smaller firms tend to benefit more from R&D spillovers. (JEL D24, I21, O3)

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  • Yanling Wang & Chia‐Wen Chao, 2008. "“Spillovers” And Productivity: The Case Of The Taiwanese High‐Tech Firms," Contemporary Economic Policy, Western Economic Association International, vol. 26(2), pages 248-258, April.
    • Handle: RePEc:bla:coecpo:v:26:y:2008:i:2:p:248-258
    DOI: 10.1111/j.1465-7287.2007.00057.x
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    More about this item

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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