R&D Spillovers and Export Performance: Evidence from the OECD Countries
Miguel Leon-Ledesma
Studies in Economics from School of Economics, University of Kent
Abstract:
Recent empirical literature on trade performance has emphasised the role played by domestic R&D in boosting international competitiveness. These models, based on technology-related theories of trade, find empirical support for this hypothesis. In this paper we go further and test whether trading partners' R&D has a positive effect on domestic exports through trade-related international R&D spillovers. We find support for the hypothesis that R&D spillovers increase competitiveness of the trading partners. This has important implications for recent theories of growth that emphasise the role of international trade as the main factor promoting technology diffusion and growth.
Keywords: R&D spillovers; export functions; panel cointegration (search for similar items in EconPapers)
JEL-codes: C22 C23 F10 O31 (search for similar items in EconPapers)
Date: 2000-12
New Economics Papers: this item is included in nep-dev and nep-tid
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:ukc:ukcedp:0014
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