Bayoumi, Tamim; Coe, David T; Helpman, Elhanan - C.E.P.R. Discussion Papers - 1996
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A … country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading … of MULTIMOD that incorporates R&D spillovers among industrial countries and from industrial countries to developing …