Interindustry R&D Spillovers, Rates of Return, and Production in High-Tech Industries

32 Pages Posted: 6 Apr 2007 Last revised: 26 Jun 2010

See all articles by M. Ishaq Nadiri

M. Ishaq Nadiri

affiliation not provided to SSRN

M. Ishaq Nadiri

New York University (NYU) - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: April 1988

Abstract

This paper presents estimates of the productivity and factor bias effects of interindustry R&D spillovers for five high-tech industries. Each industry is distinguished as a separate spillover source. The industries are each affected by R&D spillovers and are themselves spillover sources. Thus a spillover network between the industries is estimated. Private and social rates of return to R&D capital are calculated. The private rates of return are generally greater than the returns to physical capital. In addition, the social rates of return are greater than the private rates. The results show that there are significant differences between industries as to their importance as sources of R&D spillovers.

Suggested Citation

Nadiri, M. Ishaq and Nadiri, M. Ishaq, Interindustry R&D Spillovers, Rates of Return, and Production in High-Tech Industries (April 1988). NBER Working Paper No. w2554. Available at SSRN: https://ssrn.com/abstract=978752

M. Ishaq Nadiri

affiliation not provided to SSRN

No Address Available

M. Ishaq Nadiri

New York University (NYU) - Department of Economics ( email )

269 Mercer Street, 7th Floor
New York, NY 10011
United States
212-998-8968 (Phone)
212-995-4013 (Fax)

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
United States

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