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National and international spillovers from R&D : Comparing a neoclassical and an endogenous growth approach

Braconier, Henrik LU and Sjöholm, Fredrik LU (1998) In Weltwirtschaftliches Archiv 134(4). p.638-663
Abstract

Two models where productivity growth is caused by spillovers from R&D are analyzed using a sample of nine manufacturing industries in six large OECD countries between 1979 and 1991. The first model is based on traditional productivity analysis, the second model on the endogenous growth theory. The empirical results indicate stronger support for the latter. The results suggest that spillovers from R&D exist within industries, both nationally and internationally, confined to industries that are relatively R&D-intensive. There is, however, little evidence of spillovers between industries. Finally, FDIs seem to facilitate the diffusion of R&D results, but the authors do not find any effect on growth from R&D embodied in... (More)

Two models where productivity growth is caused by spillovers from R&D are analyzed using a sample of nine manufacturing industries in six large OECD countries between 1979 and 1991. The first model is based on traditional productivity analysis, the second model on the endogenous growth theory. The empirical results indicate stronger support for the latter. The results suggest that spillovers from R&D exist within industries, both nationally and internationally, confined to industries that are relatively R&D-intensive. There is, however, little evidence of spillovers between industries. Finally, FDIs seem to facilitate the diffusion of R&D results, but the authors do not find any effect on growth from R&D embodied in intermediate products.

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publication status
published
subject
keywords
Industrial productivity, Industrial growth, Productivity, Productivity growth, Endogenous growth theory, Industrial cycles, Regression coefficients, Variable coefficients, Economic fluctuations, Metals industries, O32, O40
in
Weltwirtschaftliches Archiv
volume
134
issue
4
pages
26 pages
publisher
Springer
external identifiers
  • scopus:0000080657
ISSN
1610-2878
DOI
10.1007/BF02773291
language
English
LU publication?
yes
id
9d09bac2-362d-4cde-b0fe-bf358ad00e88
date added to LUP
2017-10-12 17:51:31
date last changed
2020-11-10 03:40:06
@article{9d09bac2-362d-4cde-b0fe-bf358ad00e88,
  abstract     = {<p>Two models where productivity growth is caused by spillovers from R&amp;D are analyzed using a sample of nine manufacturing industries in six large OECD countries between 1979 and 1991. The first model is based on traditional productivity analysis, the second model on the endogenous growth theory. The empirical results indicate stronger support for the latter. The results suggest that spillovers from R&amp;D exist within industries, both nationally and internationally, confined to industries that are relatively R&amp;D-intensive. There is, however, little evidence of spillovers between industries. Finally, FDIs seem to facilitate the diffusion of R&amp;D results, but the authors do not find any effect on growth from R&amp;D embodied in intermediate products.</p>},
  author       = {Braconier, Henrik and Sjöholm, Fredrik},
  issn         = {1610-2878},
  language     = {eng},
  number       = {4},
  pages        = {638--663},
  publisher    = {Springer},
  series       = {Weltwirtschaftliches Archiv},
  title        = {National and international spillovers from R&D : Comparing a neoclassical and an endogenous growth approach},
  url          = {http://dx.doi.org/10.1007/BF02773291},
  doi          = {10.1007/BF02773291},
  volume       = {134},
  year         = {1998},
}