Showing 1 - 10 of 1,502
technological externalities, or spillovers. In addition to reviewing the recent empirical research on technology spillovers, the … technology spillovers through international trade and the activity of multinational enterprises. The analysis also highlights …
Persistent link: https://www.econbiz.de/10013070643
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10013222892
entrepreneurs at firms upstream from and in the same industry as the joint venture (backward and horizontal spillovers, respectively … of the WTO, there have been two opposing effects. While joint venture spillovers have increased, the shift towards wholly … foreign-owned FDI has reduced spillovers because we find larger industry spillovers from international joint ventures than …
Persistent link: https://www.econbiz.de/10012922982
-owned firms may promote technological catch-up of local firms. Such channel of spillovers is defined as "Veblen …
Persistent link: https://www.econbiz.de/10013324631
otherwise, but may also lead to knowledge spillovers. We show that despite the benefits from such inbound investments for U … of knowledge spillovers to foreign investors …
Persistent link: https://www.econbiz.de/10013404678
Are there productivity spillovers from FDI to domestic firms, and, if so, how much should host countries be willing to …'s TFP and the foreign-affiliate share of activity in that plant's industry. This is consistent with positive FDI spillovers … these spillovers. These calculated values appear to be less than per-job incentives governments have granted in recent high …
Persistent link: https://www.econbiz.de/10013293704
We present a model of R&D-driven growth which predicts that technology, in the form of product designs and created through R&D investments, is transmitted to other domestic and foreign sectors by being embodied in differentiated intermediate goods. Empirical results are presented employing data...
Persistent link: https://www.econbiz.de/10013239935
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012950057
Convergence in per capita income across countries turns on whether technological knowledge spillover are global or local. This paper estimates the amount of spillover from R&D expenditures in major industrialized countries on a geographic basis. A new data set is used which encompasses most of...
Persistent link: https://www.econbiz.de/10013220079
Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...
Persistent link: https://www.econbiz.de/10013221859