International R&D Spillovers, Trade and Productivity in Major OECD Countries

M. Ishaq Nadiri and Seongjun Kim

No 5801, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the seven largest industrialized countries (G-7); (2) analyze the effect of spillovers on the structure of production, i.e., the effects on factor demand such as labor and investment and output supply; (3) examine the effect of technological transfers on the pattern of trade, i.e., on imports and exports and; (4) calculate the private rates of return on physical capital and R&D investment as well as the social rates of return of foreign R&D spillovers. To achieve the objectives of this study, we have developed a framework that integrates several strands of the available approaches in the literature: the GNP function approach suggested by Burgess (1974) and Kohli (1978), the spillover models proposed by Bernstein and Nadiri (1988), Bernstein and Mohnen (1994), Coe and Helpman (1995) and Park (1995), and the familiar interrelated factor demand and cost models.

JEL-codes: F41 F43 (search for similar items in EconPapers)
Date: 1996-10
Note: PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (47)

Published as "Sources of Growth of Output and Convergence of Productivityin Major OECD Countries", IJPRODE, Vol. 52, nos. 1-2 (October 1997): 133-1 46.

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