Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
The Economic Research Institute, Stockholm School of Economics SSE/EFI Working Paper Series in Economics and Finance

No 211:
National and International Spillovers from R&D: Comparing a Neoclassical and an Endogenous Growth Approach

Henrik Braconier and Fredrik Sjöholm ()

Abstract: Two models where productivity growth is caused by spillovers from R&D are analysed using a sample of nine manufacturing industries in six large OECD-countries between 1979 and 1991. The first model is based on traditional productivity analysis where growth in R&D stocks causes productivity growth. The second model is based on the endogenous growth literature where the level of R&D expenditures is assumed to increase productivity growth. The empirical results indicate stronger support for the latter model. The pattern of spillovers is also investigated. The results suggest that spillovers from R&D exist within industries, both nationally and internationally. There is, however, little evidence of spillovers between industries. The empirical evidence further suggests that intra-industry spillovers are confined to industries that are relatively R&D-intensive. Finally, direct foreign investment seem to facilitate the diffusion of R&D results, but we do not find any effect on growth from R&D embodied in intermediate products.

Keywords: R&D; spillovers; growth; trade; DFI; (follow links to similar papers)

JEL-Codes: O32; O40; (follow links to similar papers)

27 pages, December 11, 1997

Revised version forthcoming in Weltwirtshcaftliches Archiv (1998).

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

hastef0211.pdf.zip    PDF-file (zipped) (124kB) 
hastef0211.pdf    PDF-file (161kB) 
hastef0211.ps.zip    PKZipped PostScript (96kB) 
hastef0211.ps    PostScript file (781kB) 
Download Statistics
This paper is forthcoming as:
Braconier, Henrik and Fredrik Sjöholm, 'National and International Spillovers from R&D: Comparing a Neoclassical and an Endogenous Growth Approach', Weltwirtschaftliches Archiv.

Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:hastef:0211 This page was generated on 2014-12-14 19:22:54