National and international spillovers from R&D : Comparing a neoclassical and an endogenous growth approach
(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.
(Less)
- author
- Braconier, Henrik LU and Sjöholm, Fredrik LU
- organization
- publishing date
- 1998
- type
- Contribution to journal
- 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
- 0043-2636
- 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
- 2022-01-30 23:24:08
@article{9d09bac2-362d-4cde-b0fe-bf358ad00e88,
abstract = {{<p>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.</p>}},
author = {{Braconier, Henrik and Sjöholm, Fredrik}},
issn = {{0043-2636}},
keywords = {{Industrial productivity; Industrial growth; Productivity; Productivity growth; Endogenous growth theory; Industrial cycles; Regression coefficients; Variable coefficients; Economic fluctuations; Metals industries; O32; O40}},
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}},
}