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International R&D spillovers amongst OECD economies

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  • Hans-Jurgen Engelbrecht

Abstract

Theories of endogenous growth have recently explored the role of international R&D spillovers. This study extends Coe and Helpman's model (Coe, D. T. and Helpman, E., 1995, International R&D spillovers, European Economic Review, 39, 859-87) allowing for country-specific spillover effects using interactive dummy variables, by netting out the impact of productivity catch-up, and by including a business cycle variable. The empirical results suggest a diverse picture. For some countries, e.g. the USA, Canada and West Germany, recent spillovers seem to have a negative impact on TFP. Hypotheses are suggested to explain the results.

Suggested Citation

  • Hans-Jurgen Engelbrecht, 1997. "International R&D spillovers amongst OECD economies," Applied Economics Letters, Taylor & Francis Journals, vol. 4(5), pages 315-319.
  • Handle: RePEc:taf:apeclt:v:4:y:1997:i:5:p:315-319
    DOI: 10.1080/758532600
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    Cited by:

    1. Erdal Atukeren, 2005. "R&D Races and Spillovers between the EU and the US: Some Causal Evidence," KOF Working papers 05-105, KOF Swiss Economic Institute, ETH Zurich.
    2. Robin Johnson & W. A. Razzak & Steven Stillman, 2007. "Has New Zealand benefited from its investments in research & development?," Applied Economics, Taylor & Francis Journals, vol. 39(19), pages 2425-2440.
    3. Julia Hall & Grant M Scobie, 2006. "The Role of R&D in Productivity Growth: The Case of Agriculture in New Zealand: 1927 to 2001," Treasury Working Paper Series 06/01, New Zealand Treasury.

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