R&D, Intersectoral and International Knowledge Spillovers and Human Capital: An Empirical Investigation

Dirk Frantzen ()
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Dirk Frantzen: Vrije Universiteit Brussel, Postal: Brussel • Pleinlaan 2 • 1050 Elsene, Belgium, http://www.vub.ac.be/

Economia Internazionale / International Economics, 2000, vol. 53, issue 4, 487-505

Abstract: Equations are presented that relate the long-run evolution of productivity of manufacturing sectors to R&D capital in (i) the concerned sector (within the country considered), (ii) the other domestic sectors, (iii) the concerned sector abroad and (iv) the other sectors abroad, as well as to human capital. A cointegration analysis is performed on annual panel data with respect to a set of manufacturing industries in a series of 0ECD countries over the period 1972-1991. The results show that not only own R&D efforts, but also domestic and international intersectoral and intrasectoral R&D knowledge spillovers exercise a significant influence on productivity. Moreover, there is an important net positive impact of human capital. This is explained by the complementarity between the R&D process and the accumulation of human capital.

JEL-codes: O31 O40 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0233

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