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In this paper, we apply the asymptotic theory of panel cointegration developed by Kao and Chiang (1997) to Coe and … dynamic OLS (DOLS) estimations produce different predictions about the impact of foreign R&D on total factor productivity (TFP …
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. Endogeneity problem is solved by using panel cointegration estimation technique which made our study different from previous. The …
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context, we examine ideas production and international knowledge spillovers in a panel of 31 EMEs by accounting for six … robustness checks, including the estimators – a cointegration approach versus a simple fixed effects OLS estimator. …
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A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
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