Productivity growth and R&D spillovers in Japanese manufacturing industry
This paper estimates the contribution of R&D spillovers to productivity growth Japanese manufacturing industry by estimating two alternative measures of productivity growth and two different types of R&D spillovers. The results suggest that TFP growth is affected neither by rent R&D spillovers nor by knowledge R&D spillovers. However, knowledge R&D spillovers were found to have an effect on technical change.
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