On "Indirect" Trade-Related R&D Spillovers
Influential literature argues that trade promotes knowledge flows and technology transmission between trading partners. This literature focuses on 'direct' research and development (R&D) spillovers which are related to the levels of R...
| Main Authors: | , , |
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2001/04/2873426/indirect-trade-related-research-development-spillovers-vol-1-1 http://hdl.handle.net/10986/19675 |
| Summary: | Influential literature argues that trade
promotes knowledge flows and technology transmission between
trading partners. This literature focuses on
'direct' research and development (R&D)
spillovers which are related to the levels of R&D
produced by the trading partners. In this paper the authors
argue that 'indirect' trade-related R&D
spillovers also take place between countries, even if they
do not trade with each other. These 'indirect'
spillovers are associated with available rather than with
produced levels of R&D. The empirical results suggest
that these 'indirect' trade-related spillovers are
at least as important as the 'direct' ones, and
strengthen the view that trade does matter for the
international transmission of R&D. The empirical results
also suggest that, due to the existence of these
'indirect' effects, bilateral trade patterns are
relatively less important as determinants of the level of
foreign R&D spillovers acquired through trade. |
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