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Analysis of International R&D Spillover from International Trade and Foreign Direct Investment Channel: Evidence from Asian Newly Industrialized Countries

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Listed:
  • Samuel Nursamsu

    (Department of Economics, Faculty of Economics Universitas Indonesia)

  • Fithra Faisal Hastiadi

    (Department of Economics, Faculty of Economics Universitas Indonesia)

Abstract

This research tries to explain the relation between international R&D spillover from international trade and FDI channel with productivity (TFP) based on endogenous growth theory in Asian Newly Industrialized Countries (ANIC) in period 1990--2010. In this research, it is found that R&D spillover is a significant factor in increasing TFP, especially from trade channel. It is also found that the availability of educated workers is another important factor in increasing productivity. From the comparison of the two country groups in ANIC, it is found that in ANIC Tier 2, international R&D spillover from export is not increasing productivity, yet its spillover effect is still significant. Another finding of this research is FDI is not an important channel for technology spillover. However, there is a need to further discuss the FDI spillover measurement.

Suggested Citation

  • Samuel Nursamsu & Fithra Faisal Hastiadi, 2013. "Analysis of International R&D Spillover from International Trade and Foreign Direct Investment Channel: Evidence from Asian Newly Industrialized Countries," Working Papers in Economics and Business 201310, Faculty of Economics and Business, University of Indonesia, revised Sep 2013.
    • Handle: RePEc:lpe:wpecbs:201310
    as

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    References listed on IDEAS

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    Cited by:

    1. Krishan SINGH & Sandeep Kaur BHATIA, 2017. "Whether Fdi Or Exports Enhance Innovation: Evidence From Indian Manufacturing Firms, 2001-2012," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(3), pages 19-32.

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    More about this item

    Keywords

    R&D Spillover; Endogenous Growth; Productivity; Asia Developing Countries;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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