Munich Personal RePEc Archive

R&D spillovers, information technology and telecommunications, and productivity in Asia and the OECD

Madden, Gary G and Savage, Scott J (2000): R&D spillovers, information technology and telecommunications, and productivity in Asia and the OECD. Published in: Information Economics and Policy No. 12 (2000): pp. 367-392.

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Abstract

This paper examines the role research and development (R&D) plays in technology progress for a sample of OECD and Asian economies from 1980 to 1995. An empirical model is estimated which relates total factor productivity to domestic and foreign R&D activity, trade, and information technology and telecommunications (ITT). Model estimates confirm a positive relationship between national productivity and R&D activity exists in the long run. Further, the benefits of R&D can spillover countries through trade, in particular, trade in ITT equipment.

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