International R&D spillovers: An application of estimation and inference in panel cointegration

Chihwa Kao; Min Hsien Chiang; Bangtian Chen

International R&D spillovers: An application of estimation and inference in panel cointegration

Chihwa Kao, Min Hsien Chiang, Bangtian Chen

國際企業研究所

研究成果: Article › 同行評審

230 引文斯高帕斯（Scopus）

摘要

In this paper, we apply the asymptotic theory of panel cointegration developed by Kao and Chiang (1998) to Coe and Helpman's (1995) international R&D spillovers regression. The OLS with bias-correction, the fully-modified (FM) and the dynamic OLS (DOLS) estimations produce different predictions about the impact of foreign R&D on total factor productivity (TFP) although all the estimations support the result that domestic R&D is related to TFP.

原文	English
頁（從 - 到）	691-709
頁數	19
期刊	Oxford Bulletin of Economics and Statistics
卷	61
發行號	SUPPL.
出版狀態	Published - 1999 11月 1

All Science Journal Classification (ASJC) codes

統計與概率
社會科學（雜項）
經濟學與計量經濟學
統計、概率和不確定性

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引用此

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International R&D spillovers: An application of estimation and inference in panel cointegration

摘要

All Science Journal Classification (ASJC) codes

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引用此