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R&D Spillovers and Export Performance: Evidence from the OECD Countries.

Miguel A. Leon-Ledesma
University of Kent, Canterbury - Department of Economics

December 2000

University of Kent, Dept. of Econ. Disc. Paper 00/14.

Abstract:
Recent empirical literature on trade performance has emphasised the role played by domestic R&D in boosting international competitiveness. These models, based on technology-related theories of trade, find empirical support for this hypothesis. In this paper we go further and test whether trading partners' R&D has a positive effect on domestic exports through trade-related international R&D spillovers. We find support for the hypothesis that R&D spillovers increase competitiveness of the trading partners. This has important implications for recent theories of growth that emphasise the role of international trade as the main factor promoting technology diffusion and growth.

Keywords: R&D spillovers, export functions, panel cointegration.

JEL Classifications: F10, O31, C22, C23

Working Paper Series

Date posted: January 29, 2001 ; Last revised: February 02, 2001

Suggested Citation

Leon-Ledesma, Miguel A., R&D Spillovers and Export Performance: Evidence from the OECD Countries. (December 2000). University of Kent, Dept. of Econ. Disc. Paper 00/14.. Available at SSRN: http://ssrn.com/abstract=256630 or doi:10.2139/ssrn.256630

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Contact Information

Miguel Leon-Ledesma (Contact Author)

University of Kent, Canterbury - Department of Economics ( email )

Keynes College
Kent CT2 7NP
United Kingdom
00 44 0 1227 823026 (Phone)
00 44 0 1227 827850 (Fax)

HOME PAGE: http://www.ukc.ac.uk/economics/mal/