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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Main Authors: Schiff, Maurice, Wang, Yanling
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4927
id okr-10986-4927
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language 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
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