INTERNATIONAL R&D SPILLOVERS AND PRODUCTIVITY TRENDS IN THE ASIAN MIRACLE ECONOMIES

James Ang and Jakob Madsen

No 03-12, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: This paper examines the importance of the domestic R&D stock and foreign knowledge spillovers on total factor productivity for six Asian miracle economies over the period from 1955 to 2006. The productivity effects of international knowledge spillovers through the following channels are considered: imports, exports, inward foreign direct investment, patents, geographical proximity and no specific channel. The estimates show that knowledge has been transmitted through all the channels considered but that the import channel and the no-weighting channel have probably been the most important ones for the Asian miracle economies.

Keywords: Asian miracle; knowledge spillovers; R&D; TFP (search for similar items in EconPapers)
JEL-codes: O10 O30 O40 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2012-03
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ino and nep-sea
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Citations: View citations in EconPapers (8)

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Journal Article: INTERNATIONAL R&D SPILLOVERS AND PRODUCTIVITY TRENDS IN THE ASIAN MIRACLE ECONOMIES (2013)
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