Abstract
Estimating International Technology Spillovers Using Technology Flow Matrices. — This paper investigates the impact of international R & D spillovers on sectoral growth patterns in OECD countries. It applies panel regression techniques to a time-series cross-section panel. It arrives at the conclusion that knowledge spillovers are an important contributor to economic growth. The estimation results are applied in the form of a ‘simulation’ of TFP growth per country, splitting (R & D-related) TFP into a component due to domestic R & D and one due to foreign R & D. The results also show that the United States and Germany are the most influential countries in terms of contributions to other countries’ TFP growth.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
