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International knowledge spillovers through high-tech imports and R&D of foreign-owned firms

Heike Belitz and Florian Mölders

The Journal of International Trade & Economic Development, 2016, vol. 25, issue 4, 590-613

Abstract: The international transmission of knowledge through import spillovers, as a source of Total Factor Productivity (TFP) growth, has received much attention in the literature. We investigate two additional direct channels through which R&D disseminates: the import of high-technology goods and the internationalization of business R&D. Building on an extensive data-set, covering both developing and industrial countries, we add foreign-owned patents as a proxy for R&D activities of foreign multinationals. While we confirm the significance of import spillovers for all countries included, we find additional spillovers for developing countries through the import of high-technology goods. Only developed economies seem to benefit from the diffusion of knowledge that originates through cross-border cooperation in R&D by multinationals.

Date: 2016
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Working Paper: International Knowledge Spillovers through High-Tech Imports and R&D of Foreign-Owned Firms (2013) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jitecd:v:25:y:2016:i:4:p:590-613

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DOI: 10.1080/09638199.2015.1106575

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The Journal of International Trade & Economic Development is currently edited by Pasquale Sgro, David E.A. Giles and Charles van Marrewijk

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