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Trade and International R&D Spillovers among OECD Countries

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  • Mark Funk

    () (Department of Economics, Saint Louis University)

Abstract

This paper examines the relationship between trade patterns and international research-and-development (R&D) spillovers using Kao and Chiang’s (1998) and Kao’s (1999) recently developed panel cointegration techniques. Monte Carlo–type tests demonstrate that the choice of weights used in constructing foreign R&D stocks is informative of the spillover transmission when panel cointegration techniques are employed. However, the evidence does not support a relationship between import patterns and R&D spillovers. The relationship between export patterns and R&D spillovers is then considered. Consistent with recent theoretical models (Ben-David and Loewy 1998), the evidence suggests that exporters receive substantial R&D spillovers from their customers.

Suggested Citation

  • Mark Funk, 2001. "Trade and International R&D Spillovers among OECD Countries," Southern Economic Journal, Southern Economic Association, vol. 67(3), pages 725-736, January.
  • Handle: RePEc:sej:ancoec:v:67:3:y:2001:p:725-736
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    1. repec:spr:weltar:v:153:y:2017:i:4:d:10.1007_s10290-017-0282-4 is not listed on IDEAS
    2. Chen, Shiu-Sheng, 2017. "Exchange rate undervaluation and R&D activity," Journal of International Money and Finance, Elsevier, vol. 72(C), pages 148-160.
    3. Bournakis, Ioannis & Christopoulos, Dimitris & Mallick, Sushanta, 2015. "Knowledge Spillovers and Output per Worker: An Industry-level Analysis for OECD Countries," MPRA Paper 84948, University Library of Munich, Germany, revised 05 Oct 2016.
    4. Afful, Efua Amoonua, 2012. "Technology Spillover from International Flows: Imports, Foreign Direct Investment and Immigration," MPRA Paper 57606, University Library of Munich, Germany.
    5. Ruge-Leiva, Diego-Ivan, 2014. "International R&D Spillovers and Unobserved Common Shocks," MPRA Paper 56718, University Library of Munich, Germany.
    6. Mathilde Maurel & Majda Seghir, 2014. "Working Paper - 208 - The Main Obstacles to Firms Growth in Senegal Implications for the Long-Run," Working Paper Series 2141, African Development Bank.
    7. Piermartini, Roberta & Rubínová, Stela, 2014. "Knowledge spillovers through international supply chains," WTO Staff Working Papers ERSD-2014-11, World Trade Organization (WTO), Economic Research and Statistics Division.
    8. Carmela Martin & Francisco J. Velazquez & Jorge Crespo., 2001. "The Role of International Technological Spillovers in the Economic Growth of the OECD Countries ," European Economy Group Working Papers 6, European Economy Group.
    9. Hall, Bronwyn H. & Mairesse, Jacques & Mohnen, Pierre, 2010. "Measuring the Returns to R&D," Handbook of the Economics of Innovation, Elsevier.
    10. repec:ebl:ecbull:v:15:y:2008:i:3:p:1-7 is not listed on IDEAS
    11. Ioannis Bournakis & Dimitris Christopoulos & Sushanta Mallick, 2015. "Knowlegde Spillovers, absorptive capacity and growth: An industry-level Analysis for OECD countries," FIW Working Paper series 147, FIW.
    12. Coe, David T. & Helpman, Elhanan & Hoffmaister, Alexander W., 2009. "International R&D spillovers and institutions," European Economic Review, Elsevier, vol. 53(7), pages 723-741, October.
    13. Ofori, F., 2011. "Sources of International Economic Spillovers to Ghana's Economic Growth," MPRA Paper 30455, University Library of Munich, Germany.
    14. Maurel, Mathilde, 2014. "The main obstacles to firms. growth in Senegal: Implications for the long run," WIDER Working Paper Series 159, World Institute for Development Economic Research (UNU-WIDER).
    15. Mosahid Khan & Kul B. Luintel & Konstantinos Theodoris, 2010. "How Robust is the R&D – Productivity relationship? Evidence from OECD Countries," WIPO Economic Research Working Papers 01, World Intellectual Property Organization - Economics and Statistics Division, revised Dec 2010.
    16. Serrano, Guadalupe & Lopez-Bazo, Enrique & Garcia-Sanchis, Jose Ramon, 2002. "Complementarity between human capital and trade in regional technological progress," ERSA conference papers ersa02p013, European Regional Science Association.
    17. Dolphin, G. & Pollitt, M., 2018. "International Spillovers and Carbon Pricing Policies," Cambridge Working Papers in Economics 1803, Faculty of Economics, University of Cambridge.
    18. Gelauff, George & Lejour, Arjan, 2006. "The new Lisbon Strategy: An estiamtion of the impact of reaching 5 Lisbon targets," MPRA Paper 16168, University Library of Munich, Germany.
    19. Ruge Leiva, Diego Ivan, 2015. "International R&D Spillovers and other Unobserved Common Spillovers and Shocks," MPRA Paper 63500, University Library of Munich, Germany.

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