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Cross-Country R&D and Growth: Variations on a Theme of Mankiw-Romer-Weil

Author

Listed:
  • Walter G. Park

    (American University)

  • David A. Brat

    (Randolph-Macon College)

Abstract

This paper studies how international research and development (R&D) activities contribute to international differences in productivity. Domestic R&D is an important factor of production as are spillovers from foreign research. While cross-country differences in domestic research contribute to international differences in productivity, world research spillovers contribute to narrowing those differences. Furthermore, in the presence of international R&D spillovers, global increasing returns to research exist. This enhances the effect of world research on the growth rates of countries that receive spillovers.

Suggested Citation

  • Walter G. Park & David A. Brat, 1996. "Cross-Country R&D and Growth: Variations on a Theme of Mankiw-Romer-Weil," Eastern Economic Journal, Eastern Economic Association, vol. 22(3), pages 345-354, Summer.
  • Handle: RePEc:eej:eeconj:v:22:y:1996:i:3:p:345-354
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume22/V22N3P345_354.pdf
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    Cited by:

    1. Aamer S. Abu-Qarn, 2016. "A Reassessment Of The Proximate Determinants Of Income Levels And Growth Of Nations," Working Papers 1609, Ben-Gurion University of the Negev, Department of Economics.

    More about this item

    Keywords

    Growth; Productivity;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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