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Factors of R&D spillovers and European integration

Author

Listed:
  • Fabien Rondeau

    () (CREM-CNRS 6211)

  • Sébastien Pommier

    () (CREM-CNRS 6211)

Abstract

We investigate factors of total factor productivity (TFP) interdependencies in a sample of 19 OECD countries for the period 1981-2009. Rolling cointegration relationships are estimated between TFP's level in order to measure productivity interdependencies across countries and over time. Besides the standard catch-up effect in productivity, results show that the R&D capital stock of a country is the main determinant of its technological catch-up within European countries. In contrast, those spillovers are mainly driven by trade and technological proximity for non-European countries.

Suggested Citation

  • Fabien Rondeau & Sébastien Pommier, 2012. "Factors of R&D spillovers and European integration," Economics Bulletin, AccessEcon, vol. 32(3), pages 1970-1977.
  • Handle: RePEc:ebl:ecbull:eb-12-00279
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    References listed on IDEAS

    as
    1. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    2. Luis A. Rivera-Batiz & Paul M. Romer, 1991. "Economic Integration and Endogenous Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 531-555.
    3. Kang Hao & Inder, Brett, 1996. "Diagnostic test for structural change in cointegrated regression models," Economics Letters, Elsevier, vol. 50(2), pages 179-187, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Trade; Growth; Integration; Specialization;

    JEL classification:

    • F0 - International Economics - - General
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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