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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 : 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 : 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 : World Intellectual Property Organization
Publisher : WIPO
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4./5 ( download)
Download or read book R&D, Scale Effects and Spillovers: New Insights from Emerging Countries written by World Intellectual Property Organization and published by WIPO. This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a concomitant rise in R&D and the rate of economic growth in emerging countries. Analyzing a panel of 31 emerging countries, we find convincing evidence of scale effects which make government policies potent for long-run growth. This contrasts sharply with the well-known findings of Jones (1995a). Innovations show increasing returns to knowledge stock, implying that the diminishing returns assumed by some semi-endogenous growth models might not be generalized. International R&D spillovers raise the innovation bar. The observed growth rates of emerging economies appear in transition therefore their growth rates may recede with the passage of time.
Author : Pierre Monhen
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (535 download)
Download or read book International R&D Spillovers and Economic Growth written by Pierre Monhen and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David T. Coe
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)
Download or read book International R & D Spillovers written by David T. Coe and published by . This book was released on 1993 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of economic growth have emphasized this link and have also identified a number of channels through which a country's R&D affects total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We find large effects of both domestic and foreign R&D capital stocks on total factor productivity. The foreign R&D capital stocks have particularly large effects on the smaller countries in our sample (that consists of 22 countries). Moreover, we find that about one quarter of the worldwide benefits of investment in R&D in the seven largest economies are appropriated by their trade partners.
Author : Arjan M. Lejour
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 ( download)
Download or read book Openness, Growth, and R & D Spillovers written by Arjan M. Lejour and published by . This book was released on 2000 with total page 68 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 : Jeffrey I. Bernstein
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (12 download)
Download or read book International R & D Spillovers Between U.S. and Japanese R & D Intensive Sectors written by Jeffrey I. Bernstein and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: 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 : Dietmar Hornung
Publisher : Springer Science & Business Media
ISBN 13 : 3642517188
Total Pages : 255 pages
Book Rating : 4.6/5 (425 download)
Download or read book Investment, R&D, and Long-Run Growth written by Dietmar Hornung and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, growth theory has incorporated imperfect competition in its investigations. This innovation has proven to be seminal: Cleviating from growth models with perfect competition, the new framework featured forward looking entrepreneurs. Firms maximize profits intertemporarily, i. e. their in vestment leads to instantaneous sunk costs and offers flows of future profits. Firms finance this investment by launching shares. The capital market is per fectly competitive, implying that the return on a share is equal to the return on a bond. As opposed to the capital market, the goods market is imperfectly competitive. As a result of investment, firms enjoy market power. That is, firms may acquire the capability to provide a product that is differentiated in, e. g. , styling, technology, accessibility, or reputation. The launch of a dif ferentiated product allows to capture a market niche, and successful firms may price above marginal cost. The resulting profit flows are channelled to the firms' shareholders. The introduction of monopolistic competition into growth theory is valuable: real world economies may be portrayed rather by such an imperfect competition framework than by a perfect competition approach. Starting with Romer (1990), in growth theory, modeling of imperfect competition has been notoriously bound to a focus on the impact of research and development (R&D) on economic growth. In the existing literature, growth-affecting investment is restricted to R&D investment.
Author : Jeffrey Ian Bernstein
Publisher : Dép. des sciences économiques, Université du Québec à Montréal
ISBN 13 :
Total Pages : 48 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 Dép. des sciences économiques, Université du Québec à Montréal. This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fredrik Sjöholm
Publisher :
ISBN 13 :
Total Pages : 149 pages
Book Rating : 4.:/5 (187 download)
Download or read book R and D, International Spillovers and Productivity Growth written by Fredrik Sjöholm and published by . This book was released on 1997 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David T. Coe
Publisher :
ISBN 13 :
Total Pages : 887 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 887 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in research and development (R & D) affects a country's total factor productivity. Recently new theories of economic growth have emphasized this link and have also identified a number of channels through which a country's R & D affects total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a country's R & D capital stock and the R & D capital stocks of its trade partners on the country's total factor productivity. We find large effects of both domestic and foreign R & D capital stocks on total factor productivity. The foreign R & D capital stocks have particularly large effects on the smaller countries in our sample (that consists of 22 countries). Moreover, we find that about one quarter of the worldwide benefits of investment in R & D in the seven largest economies are appropriated by their trade partners.
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 : Bas Jacobs
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.F/5 ( download)
Download or read book Sectoral Productivity Growth and R&D Spillovers in the Netherlands written by Bas Jacobs and published by . This book was released on 1999 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zvi Griliches
Publisher : University of Chicago Press
ISBN 13 : 0226308901
Total Pages : 398 pages
Book Rating : 4.2/5 (263 download)
Download or read book R&D and Productivity written by Zvi Griliches and published by University of Chicago Press. This book was released on 2007-12-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zvi Griliches, a world-renowned pioneer in the field of productivity growth, has compiled in a single volume his pathbreaking research on R&D and productivity. Griliches addresses the relationship between research and development (R&D) and productivity, one of the most complex yet vital issues in today's business world. Using econometric techniques, he establishes this connection and measures its magnitude for firm-, industry-, and economy-level data. Griliches began his studies of productivity growth during the 1950s, adding a variable of "knowledge stock" to traditional production function models, and his work has served as the point of departure for much of the research into R&D and productivity. This collection of essays documents both Griliches's distinguished career as well as the history of this line of thought. As inputs into production increasingly taking the form of "intellectual capital" and new technologies that are not as easily measured as traditional labor and capital, the methods Griliches has refined and applied to R&D become crucial to understanding today's economy.
Author : Michael Funke
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (761 download)
Download or read book Spatial R&D Spillovers and Economic Growth written by Michael Funke and published by . This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
