ESTIMATING INTERNATIONAL TECHNOLOGY SPILLOVERS USING TECHNOLOGY FLOW MATRICES

Authors
Citation
B. Verspagen, ESTIMATING INTERNATIONAL TECHNOLOGY SPILLOVERS USING TECHNOLOGY FLOW MATRICES, Weltwirtschaftliches Archiv, 133(2), 1997, pp. 226-248
Citations number
30
Categorie Soggetti
International Relations",Economics
Journal title
ISSN journal
00432636
Volume
133
Issue
2
Year of publication
1997
Pages
226 - 248
Database
ISI
SICI code
0043-2636(1997)133:2<226:EITSUT>2.0.ZU;2-8
Abstract
This paper investigates the impact of international R&D spillovers on sectoral growth patterns in OECD countries. It applies panel regressio n techniques to a time-series cross-section panel. It arrives at the c onclusion that knowledge spillovers are an important contributor to ec onomic growth. The estimation results are applied in the form of a 'si mulation' of TFP growth per country, splitting (R&D-related) TFP into a component due to domestic R&D and one due to foreign R&D. The result s also show that the United States and Germany are the most influentia l countries in terms of contributions to other countries' TFP growth.