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

Harald Badinger, Peter Egger

Publikation: Wissenschaftliche FachzeitschriftOriginalbeitrag in FachzeitschriftBegutachtung

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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.
OriginalspracheEnglisch
Seiten (von - bis)501 - 521
FachzeitschriftOxford Bulletin of Economics and Statistics
Jahrgang78
Ausgabenummer4
DOIs
PublikationsstatusVeröffentlicht - 2016

Österreichische Systematik der Wissenschaftszweige (ÖFOS)

  • 506004 Europäische Integration
  • 502025 Ökonometrie
  • 502047 Volkswirtschaftstheorie

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