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Dynamics of International R&D Spillovers

January 01, 2004

The authors empirically examine reports of positive and equivalent research and development (R&D) spillovers across groups of countries by extending both the time span and the coverage of R&D activities in the data set. Findings indicate that the elasticity of total factor productivity with respect to domestic and foreign R&D stocks is extremely heterogeneous across countries and that data cannot be pooled.

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