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On indirect trade-related R&D spillovers: the “Average Propagation Length” of foreign R&D
Structural Change and Economic Dynamics (2011)
  • Sandro Montresor, Prof., University of Bologna
  • Chiara Franco, University of Bologna
  • Giuseppe Vittucci Marzetti
Abstract

The paper estimates the impact on Total Factor Productivity of trade-related R&D spillovers by accounting for the economic distance between countries. The Average Propagation Length foreign R&D covers to reach a domestic country is used in building the foreign available R&D stock and to estimate its TFP impact vs. that of the domestic R&D stock. With respect to 20 OECD countries in the period 1995–2005, the impact on TFP of the available foreign R&D stock is greater than that of the domestic one. Results support the models that recognize indirect trade-related R&D spillovers and provide for them a more accurate interpretation.

Publication Date
2011
Citation Information
Sandro Montresor, Chiara Franco and Giuseppe Vittucci Marzetti. "On indirect trade-related R&D spillovers: the “Average Propagation Length” of foreign R&D" Structural Change and Economic Dynamics (2011)
Available at: http://works.bepress.com/sandro_montresor/3/