Analysis of International R&D Spillover from International Trade and Foreign Direct Investment Channel: Evidence from Asian Newly Industrialized Countries

Samuel Nursamsu () and Fithra Hastiadi

No 201310, Working Papers in Economics and Business from Faculty of Economics and Business, University of Indonesia

Abstract: This research tries to explain the relation between international R&D spillover from international trade and FDI channel with productivity (TFP) based on endogenous growth theory in Asian Newly Industrialized Countries (ANIC) in period 1990--2010. In this research, it is found that R&D spillover is a significant factor in increasing TFP, especially from trade channel. It is also found that the availability of educated workers is another important factor in increasing productivity. From the comparison of the two country groups in ANIC, it is found that in ANIC Tier 2, international R&D spillover from export is not increasing productivity, yet its spillover effect is still significant. Another finding of this research is FDI is not an important channel for technology spillover. However, there is a need to further discuss the FDI spillover measurement.

Keywords: R&D Spillover; Endogenous Growth; Productivity; Asia Developing Countries (search for similar items in EconPapers)
JEL-codes: F00 O33 O47 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2013-09, Revised 2013-09
New Economics Papers: this item is included in nep-cse, nep-cwa, nep-eff, nep-ino and nep-sea
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Citations: View citations in EconPapers (1)

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