Citation

Discussion Paper Details

Please find the details for DP1467 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: R&D Spillovers and Global Growth

Author(s): Tamim Bayoumi, David T Coe and Elhanan Helpman

Publication Date: August 1996

Keyword(s): North-South, Productivity, R&D and Spillovers

Programme Area(s): International Trade and Regional Economics

Abstract: We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading with other countries that have large ?stocks of knowledge? from their cumulative R&D activities. We use a special version of MULTIMOD that incorporates R&D spillovers among industrial countries and from industrial countries to developing countries. Our simulations suggest that R&D, R&D spillovers, and trade play important roles in boosting growth in industrial and developing countries.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1467

Bibliographic Reference

Bayoumi, T, Coe, D and Helpman, E. 1996. 'R&D Spillovers and Global Growth'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1467