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Author : David T. Coe
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (229 download)
Download or read book International R & D Spillovers written by David T. Coe and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.David T. Coe
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451869651
Total Pages : 0 pages
Book Rating : 4.8/5 (696 download)
Download or read book International R&D Spillovers and Institutions written by Mr.David T. Coe and published by INTERNATIONAL MONETARY FUND. This book was released on 2008-04-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in Coe and Helpman about the impact of domestic and foreign R&D capital stocks on TFP. In addition, we show that domestic and foreign R&D capital stocks have measurable impacts on TFP even after controlling for the impact of human capital. Furthermore, we extend the analysis to include institutional variables, such as legal origin and patent protection, in order to allow for parameter heterogeneity based on a country's institutional characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that they impact the degree of R&D spillovers.
Author : Mr.David T. Coe
Publisher : International Monetary Fund
ISBN 13 : 1451843623
Total Pages : 22 pages
Book Rating : 4.4/5 (518 download)
Download or read book Are There International R&D Spillovers Among Randomly Matched Trade Partners? A Response to Keller written by Mr.David T. Coe and published by International Monetary Fund. This book was released on 1999-02-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keller (1998) reexamines Coe and Helpman’s (1995) analysis of international R&D spillovers focusing on the weights used to define the foreign R&D capital stock. Keller creates “random” weights and shows that they give rise to positive estimates of international R&D spillovers, casting doubts on the robustness of Coe and Helpman’s findings. We show that Keller’s “random” weights are essentially simple averages with a random error. We derive alternative random weights and present regressions showing that when they are used to define the foreign R&D capital stock, the estimated international R&D spillover estimates are nonexistent, as would be expected.
Author : David T. Coe
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (129 download)
Download or read book International R&D Spillovers written by David T. Coe and published by . This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: A model is presented based on recent theories of economic growth that treat commercially oriented innovation efforts as a major engine of technological progress. We study the extent to which a country`s total factor productivity depends on domestic and foreign Ramp;D capital stocks, both proxied by cumulative Ramp;D expenditures. We estimate our equations on a pooled data set of 22 countries during 1970-90 and interpret our results as pooled cointegrating equations. While the beneficial effects on TFP from domestic Ramp;D is well established, we find that foreign Ramp;D is also important. Our estimates suggest that foreign Ramp;D has a stronger effect on domestic productivity the more open an economy is to foreign trade, and that the rate of return on Ramp;D capital stocks is very high, both in terms of domestic output and in terms of international spillovers.
Author : Tamim Bayoumi
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)
Download or read book R&D Spillovers and Global Growth written by Tamim Bayoumi and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the growth promoting roles of Ramp;D, international Ramp;D spillovers, and trade in a world econometric model. A country can raise its total factor productivity by investing in Ramp;D. But countries can also boost their productivity by trading with other countries that have large quot;stocks of knowledgequot; from their cumulative Ramp;D activities. We use a special version of MULTIMOD that incorporates Ramp;D spillovers among industrial countries and from industrial countries to developing countries. Our simulations suggest that Ramp;D, Ramp;D spillovers, and trade play important roles in boosting growth in industrial and developing countries.
Author : Magnus Blomstrom
Publisher : Routledge
ISBN 13 : 1317685121
Total Pages : 84 pages
Book Rating : 4.3/5 (176 download)
Download or read book Foreign Investment and Spillovers (Routledge Revivals) written by Magnus Blomstrom and published by Routledge. This book was released on 2014-05-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spillover effect of multinational companies has, historically, been subject to much debate. The assumption that the host country can be expected to enjoy spillovers – improvements in the balance of payments, in the influx of foreign currency and in other sectors of the economy not directly affected by the multinational – has not necessarily been corroborated in practice. First published in 1989, this book addresses this debate, and the very different conclusions that can be drawn about spillovers. Reporting on significant research on Latin America and drawing comparisons with findings elsewhere, Foreign Investment and Spillovers provides students and researchers with a truly international perspective.
Author : Tamim A. Bayoumi
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)
Download or read book R & D Spillovers and Global Growth written by Tamim A. Bayoumi and published by . This book was released on 1996 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jeffrey Ian Bernstein
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (318 download)
Download or read book International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors written by Jeffrey Ian Bernstein and published by . This book was released on 1994 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: A great deal of empirical evidence shows that a country's production structure and productivity growth depend on its own R&D capital formation. With the growing role of international trade, foreign investment and international knowledge diffusion, domestic production and productivity also depend on the R&D activities of other countries. The purpose of this paper is to empirically investigate the bilateral link between the U.S. and Japanese economies in terms of how R&D capital formation in one country affects the production structure, physical and R&D capital accumulation, and productivity growth in the other country. We find that production processes become less labor intensive as international R&D spillovers grow. In the short-run, R&D intensity is complementary to the international spillover. This relationship persists in the long-run for the U.S., but the Japanese decrease their own R&D intensity. U.S. R&D capital accounts for 60% of Japanese total factor productivity growth, while Japanese R&D capital contributes 20% to U.S. productivity gains. International spillovers cause social rates of return to be about four times the private returns.
Author : Charlie Karlsson
Publisher : Edward Elgar Publishing
ISBN 13 : 178643248X
Total Pages : 349 pages
Book Rating : 4.7/5 (864 download)
Download or read book Globalization, International Spillovers and Sectoral Changes written by Charlie Karlsson and published by Edward Elgar Publishing. This book was released on 2018-02-23 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a consequence of globalization, news, ideas and knowledge are moving quickly across national borders and generating international spillovers. So too, however, are economic and financial crises. Combining a variety of methods, concepts and interdisciplinary approaches, this book provides an in-depth examination of these structural changes and their impact. Assessing the implications of globalization for businesses and sectors, chapters focus on the interdependencies between different economic and political layers, and explore topics such as human capital, creativity, innovation, networks and collaboration.
Author : Johannes Eugster
Publisher : International Monetary Fund
ISBN 13 : 1484390601
Total Pages : 37 pages
Book Rating : 4.4/5 (843 download)
Download or read book International Knowledge Spillovers written by Johannes Eugster and published by International Monetary Fund. This book was released on 2018-12-10 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical approach extends the previous literature by analyzing a large panel comprising industries in both advanced and emerging economies over the past two decades. We find that barriers to the domestic diffusion of foreign knowledge have fallen significantly for emerging economies. For all countries, and especially for emerging economies, inflows of foreign knowledge have a growing and quantitatively important impact on domestic innovation. Controlling for the amount of domestic R&D, we find evidence that increases in international competitive pressure at the industry level had a positive effect on domestic innovation outcomes
Author : Pinelopi K. Goldberg
Publisher : Edward Elgar Publishing
ISBN 13 : 9781783479474
Total Pages : 0 pages
Book Rating : 4.4/5 (794 download)
Download or read book Trade and Inequality written by Pinelopi K. Goldberg and published by Edward Elgar Publishing. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.
Author : David T. Coe
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (129 download)
Download or read book International R&D Spillovers and Institutions written by David T. Coe and published by . This book was released on 2010 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The empirical analysis in quot;International Ramp;D Spilloversquot; (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in Coe and Helpman about the impact of domestic and foreign Ramp;D capital stocks on TFP. In addition, we show that domestic and foreign Ramp;D capital stocks have measurable impacts on TFP even after controlling for the impact of human capital. Furthermore, we extend the analysis to include institutional variables, such as legal origin and patent protection, in order to allow for parameter heterogeneity based on a country's institutional characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that they impact the degree of Ramp;D spillovers.
Author : Mr.Alexei Kireyev
Publisher : International Monetary Fund
ISBN 13 : 1513500651
Total Pages : 43 pages
Book Rating : 4.5/5 (135 download)
Download or read book Network Effects of International Shocks and Spillovers written by Mr.Alexei Kireyev and published by International Monetary Fund. This book was released on 2015-07-07 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a method for assessing international spillovers from nominal demand shocks. It quantifies the impact of a shock in one country on all other countries. The paper concludes that the network effects in shock spillovers can be substantial, comparable, and often exceed the initial shock. Individual countries may amplify, absorb, or block spillovers. Most developed countries pass-through shocks, whereas low-income countries and oil exporters tend to block shock spillovers. The method is used to study demand shocks originating from a large and medium country, China and Ukraine respectively.
Author : Rachel Griffith
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.X/5 (6 download)
Download or read book Mapping the Two Faces of R&D written by Rachel Griffith and published by . This book was released on 2000 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jeffrey I. Bernstein
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)
Download or read book International R&D Spillovers Between US and Japanese : R&D Intensive Sector written by Jeffrey I. Bernstein and published by . This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Naoto Jinji
Publisher : Springer Nature
ISBN 13 : 9811652104
Total Pages : 191 pages
Book Rating : 4.8/5 (116 download)
Download or read book Deep Integration, Global Firms, and Technology Spillovers written by Naoto Jinji and published by Springer Nature. This book was released on 2022 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the impact of deep regional economic integration on spillovers of knowledge and technology across countries. Deep integration through signing deep regional trade agreements (DRTAs), which cover various policy areas in addition to tariff reductions, may or may not facilitate technology spillovers among their signatories. To understand the mechanism of the impact of deep integration on technology spillovers, this book starts by analyzing the behavior of global firms. Factors that affect global firms' activities, such as export, foreign direct investment (FDI), offshore outsourcing, are examined. Micro data on Japanese firms are employed for the analysis. Then, the relationships between bilateral trade patterns and technology spillovers and between types of FDI and technology spillovers are investigated in detail. Patent citation data are used to measure technology spillovers. Finally, the impact of DRTAs on international technology spillovers is analyzed. This book is highly recommended to readers who are interested in the effects of deep regional integration, including academic scholars, policymakers, and graduate students. [Resumen de la editorial]
Author : Lee Branstetter
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 ( download)
Download or read book Are Knowledge Spillovers International Or Intranational in Scope? written by Lee Branstetter and published by . This book was released on 1996 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a number of theoretical models, it has been shown that technological externalities can generate multiple equilibria in the global pattern of specialization and trade, with different consequences for the relative welfare of the trading countries. In such models, temporary government policies can have lasting effects by pushing the global economy into a particular equilibrium. However, the prediction of multiple equilibria generally hinges on the assumption that the technological externalities are intranational rather than international in scope. In this paper, I point out important shortcomings in previous attempts to estimate the effects of intranational and international knowledge spillovers. Then, I provide new estimates of the relative impact of intranational and international knowledge spillovers on innovation and productivity at the firm level, using previously unexploited panel data from the U.S. and Japan which provide a rich description of the firms' technological activities and allow for potentially much more accurate measurement of spillover effects. My estimates indicate that knowledge spillovers are primarily intranational in scope, providing empirical confirmation of a crucial assumption in much of the theoretical literature. This finding has important implications for the theoretical literature and the public debate on policy.
