International R&D Spillovers, Trade and Productivity in Major OECD Countries
In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the seven largest industrialized countries (G-7); (2) analyze the effect of spillovers on the structure of production, i.e., the effects on factor demand such as labor and investment and output supply; (3) examine the effect of technological transfers on the pattern of trade, i.e., on imports and exports and; (4) calculate the private rates of return on physical capital and R&D investment as well as the social rates of return of foreign R&D spillovers. To achieve the objectives of this study, we have developed a framework that integrates several strands of the available approaches in the literature: the GNP function approach suggested by Burgess (1974) and Kohli (1978), the spillover models proposed by Bernstein and Nadiri (1988), Bernstein and Mohnen (1994), Coe and Helpman (1995) and Park (1995), and the familiar interrelated factor demand and cost models.
|Date of creation:||Oct 1996|
|Date of revision:|
|Publication status:||Published as "Sources of Growth of Output and Convergence of Productivityin Major OECD Countries", IJPRODE, Vol. 52, nos. 1-2 (October 1997): 133-1 46.|
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- Wolfgang Keller, 1997.
"Trade and the Transmission of Technology,"
Development and Comp Systems
- Keller, W., 1996. "Trade and the Transmission of Technology," Working papers 9620, Wisconsin Madison - Social Systems.
- Keller, W., 1997. "Trade and the Transmission of Technology," Working papers 9620r, Wisconsin Madison - Social Systems.
- Wolfgang Keller, 1996. "Trade and the Transmission of Technology," Development and Comp Systems 9609001, EconWPA.
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NBER Working Papers
5401, National Bureau of Economic Research, Inc.
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- Zvi Griliches, 1998.
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in: R&D and Productivity: The Econometric Evidence, pages 251-268
National Bureau of Economic Research, Inc.
- Jeffrey Bernstein & Pierre Mohnen, .
"International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors,"
Carleton Industrial Organization Research Unit (CIORU)
94-04, Carleton University, Department of Economics.
- Bernstein, Jeffrey I. & Mohnen, Pierre, 1998. "International R&D spillovers between U.S. and Japanese R&D intensive sectors," Journal of International Economics, Elsevier, vol. 44(2), pages 315-338, April.
- Bernstein, Jeffrey I. & Mohnen, Pierre, 1994. "International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors," Working Papers 94-20, C.V. Starr Center for Applied Economics, New York University.
- Jeffrey I. Bernstein & Pierre Mohnen, 1994. "International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors," NBER Working Papers 4682, National Bureau of Economic Research, Inc.
- Coe, David T & Helpman, Elhanan & Hoffmaister, Alexander, 1995.
"North-South R&D Spillovers,"
CEPR Discussion Papers
1133, C.E.P.R. Discussion Papers.
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