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International R&D spillovers in the multi-country Schumpeterian growth model

Wilfried Koch () and Cem Ertur

No 2007-04, LEG - Document de travail - Economie from LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne

Abstract: This paper reconsiders the multi-country Schumpeterian growth model and its empirical implications. We first show that the model implies a spatial econometric reduced form. Indeed, the global interdependance implied by international R&D spillovers needs to be taken into account in the theoretical model as well as in the empirical model. The spatial econometric model we propose includes the neoclassical growth model as a particular case. We can therefore test explicitly the role of R&D investment in the long run growth model. Finally, the proprieties of our spatial econometric specification allow evaluating explicitly the impact of home and foreign R&D spillovers.

Keywords: multi-country model; Schumpeterian growth; R&D spillovers; spatial econometrics (search for similar items in EconPapers)
JEL-codes: C31 O3 O4 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2007-11
New Economics Papers: this item is included in nep-cse
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Related works:
Working Paper: International R&D spillovers in the multi-country Schumpeterian growth model (2007)
Working Paper: International R&D spillovers in the multi-country Schumpeterian growth model (2007)
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