Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners
Year: 1997
Type: preprint
Abstract: In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects which are more precisely estimated than by employing the 'true' bilateral trade shares. This casts some doubt on the earlier results in the literature.
Author: Wolfgang Keller
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2131517300