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| Fabien Rondeau and Sébastien Pommier |
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| ''Factors of R&D spillovers and European integration'' |
| ( 2012, Vol. 32 No.3 ) |
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| We investigate factors of total factor productivity (TFP) interdependencies in a sample of 19 OECD countries for the period 1981-2009. Rolling cointegration relationships are estimated between TFP's level in order to measure productivity interdependencies across countries and over time. Besides the standard catch-up effect in productivity, results show that the R&D capital stock of a country is the main determinant of its technological catch-up within European countries. In contrast, those spillovers are mainly driven by trade and technological proximity for non-European countries. |
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| Keywords: Trade, Growth, Integration, Specialization |
JEL:
F4 - Macroeconomic Aspects of International Trade and Finance: General |
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| Manuscript Received : Apr 05 2012 | | Manuscript Accepted : Jul 19 2012 |
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