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Intersectoral and International R&D Knowledge Spillovers and Total Factor Productivity

Dirk Frantzen

Scottish Journal of Political Economy, 2002, vol. 49, issue 3, 280-303

Abstract: Disaggregate panel data estimates are presented of equations that relate a set of OECD countries’ sectoral total factor productivity to domestic and to foreign R&D capital. The estimates indicate that there are both important international and national R&D knowledge spillovers and that these spillovers are intersectoral and intrasectoral in nature. They show that the influence of domestic R&D is stronger in the large economies and that this is caused by more important domestic intersectoral R&D spillovers. There is also evidence of a greater influence of domestic and of foreign R&D in research intensive industries and of an interaction between the domestic economy scale and the research intensity effects.

Date: 2002
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Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

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