Productivity spillovers across countries and industries: new evidence from OECD countries

Badinger, Harald and Egger, Peter (2016) Productivity spillovers across countries and industries: new evidence from OECD countries. Oxford Bulletin of Economics and Statistics, 78 (4). pp. 501-521. ISSN 1468-0084

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Abstract

This paper uses a translog approach to estimate intra- and inter-industry productivity spillovers transmitted through input-output linkages, distinguishing R&D and other (remainder) spillovers. For a panel of 12 OECD countries and 15 manufacturing industries from 1995-2005, first, we find that the estimated elasticity with respect to "own" R&D amounts to 0.25 on average (which would be estimated to be lower if R&D were assumed to be additively separable from other inputs). Second, there are sizeable intra-industry and relatively small inter-industry R&D spillovers. Third, there are significant remainder spillovers, which are mainly of the intra-industry type and substantially amplify idiosyncratic technology shocks.

Item Type:	Article
Additional Information:	To see the final version of this paper please visit the publisher's website. Access to the published version requires a subscription.
Divisions:	Departments > Volkswirtschaft > Internationale Wirtschaft Forschungsinstitute > Europafragen
Version of the Document:	Accepted for Publication
Depositing User:	Gertraud Novotny
Date Deposited:	22 Mar 2017 14:03
Last Modified:	13 Dec 2017 02:24
Related URLs:	Publisher
FIDES Link:	https://bach.wu.ac.at/d/research/results/73958/
URI:	https://epub.wu.ac.at/id/eprint/5484

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