Factors of R&D spillovers and European integration

Fabien Rondeau and Sébastien Pommier ()
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Sébastien Pommier: CREM-CNRS 6211

Economics Bulletin, 2012, vol. 32, issue 3, 1970-1977

Abstract: We investigate factors of total factor productivity (TFP) interdependencies in a sample of 19 OECD countries for the period 1981-2009. Rolling cointegration relationships are estimated between TFP's level in order to measure productivity interdependencies across countries and over time. Besides the standard catch-up effect in productivity, results show that the R&D capital stock of a country is the main determinant of its technological catch-up within European countries. In contrast, those spillovers are mainly driven by trade and technological proximity for non-European countries.

Keywords: Trade; Growth; Integration; Specialization (search for similar items in EconPapers)
JEL-codes: F0 F4 (search for similar items in EconPapers)
Date: 2012-07-19
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Related works:
Working Paper: Factors of R&D spillovers and European integration (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-12-00279

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