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North-South R&D Spillovers / David T. Coe, Elhanan Helpman, Alexander Hoffmaister.
- Format:
- Book
- Author/Creator:
- Coe, David T.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w5048.
- NBER working paper series no. w5048
- Language:
- English
- Subjects (All):
- Economic development.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1995.
- Cambridge, Mass. : National Bureau of Economic Research, 1995.
- Summary:
- 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 large 'stocks 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 empirical results, which are based on observations over the 1971-90 period for 77 developing countries, suggest that R&D spillovers from the industrial countries in the North to the developing countries in the South are substantial.
- Notes:
- Print version record
- March 1995.
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