Productivity Spillovers Across Countries and Industries: New Evidence From OECD Countries
使用超越对数方法估计12个OECD国家15个制造业行业通过投入产出关联传递的研发和其他溢出效应,发现自身研发弹性平均为0.25,行业内研发溢出显著,行业间较小,而其他溢出主要为行业内且放大技术冲击。
Abstract This paper uses a translog approach to estimate intra‐ and inter‐industry productivity spillovers transmitted through input–output linkages, distinguishing R&D and other (remainder) spillovers. For a panel of 12 OECD countries and 15 manufacturing industries from 1995–2005, first, we find that the estimated elasticity with respect to ‘own’ R&D amounts to 0.25 on average (which would be estimated to be lower if R&D were assumed to be additively separable from other inputs). Second, there are sizeable intra‐industry and relatively small inter‐industry R&D spillovers. Third, there are significant remainder spillovers, which are mainly of the intra‐industry type and substantially amplify idiosyncratic technology shocks.