R&D spillovers and productivity growth: evidence from Italian manufacturing microdata
Recently the focus of R&D impact on productivity moves from internal to external innovation. This paper assesses the link between R&D spillovers and productivity of 1017 Italian manufacturing firms over 1995-2000. Different proxies of R&D spillovers and several specification tests are used to select a well-behaved fixed effect model. As predicted by various new growth theory models, external R&D exerts a positive and highly significant effect on firms' productivity growth.
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Volume (Year): 12 (2005)
Issue (Month): 10 ()
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- Griliches, Zvi & Lichtenberg, Frank, 1984.
"Interindustry Technology Flows and Productivity Growth: A Re-examination,"
The Review of Economics and Statistics,
MIT Press, vol. 66(2), pages 324-29, May.
- Zvi Griliches, 1998. "Interindustry Technology Flows and Productivity Growth: A Reexamination," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 241-250 National Bureau of Economic Research, Inc.
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