North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D
This paper examines the relative contribution of openness and the R&D content of trade to North-South trade-related knowledge diffusion and TFP growth. The measure of foreign R&D used in the literature on trade-related knowledge diffusion imposes identical contributions to TFP of openness an...
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okr-10986-49272021-04-23T14:02:20Z North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D Schiff, Maurice Wang, Yanling Multinational Firms International Business F230 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Technological Change: Choices and Consequences Diffusion Processes O330 This paper examines the relative contribution of openness and the R&D content of trade to North-South trade-related knowledge diffusion and TFP growth. The measure of foreign R&D used in the literature on trade-related knowledge diffusion imposes identical contributions to TFP of openness and the R&D content of trade. We show that this restriction is not warranted and that openness has a greater impact on TFP than R&D. This finding is particularly strong in low R&D-intensity industries and--as might be expected--not as strong in R&D-intensive ones. The results indicate that the impact of openness on TFP in developing countries is larger than previously obtained in this literature, and that developing countries can obtain larger productivity gains from trade liberalization than previously thought. 2012-03-30T07:30:25Z 2012-03-30T07:30:25Z 2010 Journal Article International Economic Journal 10168737 http://hdl.handle.net/10986/4927 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article |
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Digital Repository |
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Foreign Institution |
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World Bank Open Knowledge Repository |
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World Bank |
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EN |
topic |
Multinational Firms International Business F230 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Technological Change: Choices and Consequences Diffusion Processes O330 |
spellingShingle |
Multinational Firms International Business F230 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Technological Change: Choices and Consequences Diffusion Processes O330 Schiff, Maurice Wang, Yanling North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
description |
This paper examines the relative contribution of openness and the R&D content of trade to North-South trade-related knowledge diffusion and TFP growth. The measure of foreign R&D used in the literature on trade-related knowledge diffusion imposes identical contributions to TFP of openness and the R&D content of trade. We show that this restriction is not warranted and that openness has a greater impact on TFP than R&D. This finding is particularly strong in low R&D-intensity industries and--as might be expected--not as strong in R&D-intensive ones. The results indicate that the impact of openness on TFP in developing countries is larger than previously obtained in this literature, and that developing countries can obtain larger productivity gains from trade liberalization than previously thought. |
format |
Journal Article |
author |
Schiff, Maurice Wang, Yanling |
author_facet |
Schiff, Maurice Wang, Yanling |
author_sort |
Schiff, Maurice |
title |
North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
title_short |
North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
title_full |
North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
title_fullStr |
North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
title_full_unstemmed |
North-South Technology Spillovers: The Relative Impact of Openness and Foreign R&D |
title_sort |
north-south technology spillovers: the relative impact of openness and foreign r&d |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4927 |
_version_ |
1764393279077482496 |