Review of World Economics

, Volume 133, Issue 2, pp 226–248 | Cite as

Estimating international technology spillovers using technology flow matrices

  • Bart Verspagen
Articles

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.

O30 O47 

Zusammenfassung

Die Schätzung internationaler Technologie-Spillover mit Hilfe von Technologiefluß-Matrizen. — Der Verfasser untersucht die Auswirkung internationaler Spillover von Forschung und Entwicklung (R & D) auf die sektoralen Wachstumsmuster in OECD-Ländern. Er wendet Panel-Regressionstechniken auf ein Zeitreihen-Querschnitts-Panel an. Dabei kommt er zu dem Schluß, daß die Spillover von Kenntnissen wesentlich zum wirtschaftlichen Wachstum beitragen. Die Schätzer-gebnisse werden in Form einer “Simulation” des Wachstums der totalen Faktorproduktivität (TFP) pro Land angewandt, wobei die (R & D-relevante) TFP aufgespalten wird in eine Komponente, die durch heimische Forschung und Entwicklung (R & D) verursacht worden ist, und eine, die auf ausländischer R & D basiert. Die Ergebnisse zeigen, daß die Vereinigten Staaten und Deutschland die einflußreichsten Länder sind im Hinblick auf den Beitrag zum Wachstum der TFP anderer Länder.

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© Institut fur Weltwirtschaft an der Universitat Kiel 1997

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  • Bart Verspagen

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