A contribution to the theory and empirics of Schumpeterian growth with worldwide interactions

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• 作者：Cem Ertur (1)
  Wilfried Koch (2) (3)
  
• 关键词：Multi ; country model ; Schumpeterian growth ; R&D spillovers ; Spatial econometrics ; O4 ; O33 ; C21
• 刊名：Journal of Economic Growth
• 出版年：2011
• 出版时间：September 2011
• 年：2011
• 卷：16
• 期：3
• 页码：215-255
• 全文大小：551KB
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• 作者单位：Cem Ertur (1)
  Wilfried Koch (2) (3)
  
  1. LEO, Universit茅 d鈥橭rl茅ans, Orl茅ans Cedex 2, France
  2. D茅partement des Sciences Economiques, Universit茅 du Qu茅bec 脿 Montr茅al (UQAM), Montreal, QC, Canada
  3. CIRP脡E, Montreal, QC, Canada
  

文摘

This paper proposes an integrated theoretical and methodological framework characterized by technological interactions to explain growth processes from a Schumpeterian perspective. Global interdependence implied by international R&D spillovers needs to be taken into account in both the theoretical and empirical models. For this task, spatial econometrics is the appropriate tool. The econometric model we propose includes the neoclassical growth model as a particular case. We can therefore explicitly test the role of R&D investment in the long-run growth process against the Solow growth model. Finally, the properties of our spatial econometric specification allow the explicit evaluation of the impact of home and foreign R&D spillovers.