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Author:Engelbrecht, H-J.
Title:International R&D spillovers, human capital and productivity in OECD economies: An empirical investigation
Journal:European Economic Review
1997 : AUG, VOL. 41:8, p. 1479-1488
Index terms:HUMAN CAPITAL
PRODUCTIVITY
R&D
KNOWLEDGE
OECD
Language:eng
Abstract:The paper extends Coe and Helpman's (International R&D spillovers in European Economic Review 1995, vol. 39, p. 859-887) study of international R&D spillovers amongst OECD countries by including a general human capital variable which accounts for innovation outside the R&D sector and other aspects of human capital not captured by formal R&D. This results in somewhat smaller coefficient estimates for domestic R&D capital and international R&D spillovers. However, they remain highly statistically significant. General human capital is found to affect total factor productivity (or TFP) directly as a factor of production, and as a vehicle for international knowledge transfer associated with productivity catch-up amongst OECD countries.
SCIMA record nr: 170948
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