Foreign Direct Investment and International R&D Spillovers in OECD Countries Revisited
Bibliographic Data
| ID | 24038656 |
|---|---|
| Authors | Suyi Kim (0000-0003-1373-2545), Jungsoo Park (0000-0002-8827-684X), Jung Soo Park (0000-0002-4283-5423) |
| Year | 2017 |
| Volume | 173 |
| Issue | 3 |
| Pages | 431-453 |
| Publication date | 2017-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Institutional and Theoretical Economics JITE (JOURNAL) |
| Journal identifiers | ISSN: 0932-4569 • E-ISSN: 1614-0559 |
| Publisher | Mohr Siebeck (PUBLISHER) |
| DOI | 10.1628/093245616x14664894246884 |
| OpenAlex | W2734437888 |
| Language | EN |
| Citations received | 2 |
We test whether foreign direct investment (FDI) is an important channel of international R&D spillovers between OECD countries. The results show that R&D spillovers through inward FDI had considerable positive effects on total factor productivity (TFP) in the 1990s, but not in the 2000s. By contrast, R&D spillovers through outward FDI had positive influence on TFP in the 2000s, but not in the 1990s. The contributions of foreign R&D are more related to FDI flows than to the size of the host countries. Finally, the countries benefiting from the R&D spillovers drastically differ from the countries contributing to the R&D spillovers. (JEL: F62, O33)
Economics · Foreign direct investment · International economics · International trade · Macroeconomics · Monetary economics · Economic Growth and Productivity · Global trade and economics
| Citations per year | 0.33 |
|---|---|
| Citation span | 2020 - 2022 (3) |
| Highly cited | No |