G. Madden et Sj. Savage, R&D spillovers, information technology and telecommunications, and productivity in ASIA and the OECD, INF ECON P, 12(4), 2000, pp. 367-392
This paper examines the role research and development (R&D) plays in techno
logy progress for a sample of OECD and Asian economies from 1980 to 1995. A
n empirical model is estimated which relates total factor productivity to d
omestic and foreign R&D activity, trade, and information technology and tel
ecommunications (ITT). Model estimates confirm a positive relationship betw
een national productivity and R&D activity exists in the long run. Further,
the benefits of R&D can spillover countries through trade, in particular,
trade in ITT equipment. (C) 2000 Elsevier Science B.V. All rights reserved.