TY - JOUR
T1 - North-south R&D spillovers
AU - Coe, David T.
AU - Helpman, Elhanan
AU - Hoffmaister, Alexander W.
PY - 1997
Y1 - 1997
N2 - We examine the extent to which developing countries that do little, if any, research and development themselves benefit from R & D that is performed in the industrial countries. By trading with an industrial country that has a large 'stock of knowledge' from its cumulative R & D activities, a developing country can boost its productivity by importing a larger variety of intermediate products and capital equipment embodying foreign knowledge, and by acquiring useful information that would otherwise be costly to obtain. Our results, based on data for 77 developing countries, suggest that R&D spillovers from 22 industrial countries over 1971-90 are substantial.
AB - We examine the extent to which developing countries that do little, if any, research and development themselves benefit from R & D that is performed in the industrial countries. By trading with an industrial country that has a large 'stock of knowledge' from its cumulative R & D activities, a developing country can boost its productivity by importing a larger variety of intermediate products and capital equipment embodying foreign knowledge, and by acquiring useful information that would otherwise be costly to obtain. Our results, based on data for 77 developing countries, suggest that R&D spillovers from 22 industrial countries over 1971-90 are substantial.
UR - http://www.scopus.com/inward/record.url?scp=0030860417&partnerID=8YFLogxK
U2 - 10.1111/1468-0297.00146
DO - 10.1111/1468-0297.00146
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AN - SCOPUS:0030860417
SN - 0013-0133
VL - 107
SP - 134
EP - 149
JO - Economic Journal
JF - Economic Journal
IS - 440
ER -
