TY  - JOUR
AU  - Coe,David T.
AU  - Helpman,Elhanan
AU  - Hoffmaister,Alexander
TI  - North-South R&D Spillovers
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5048
PY  - 1995
Y2  - March 1995
UR  - http://www.nber.org/papers/w5048
L1  - http://www.nber.org/papers/w5048.pdf
N1  - Author contact info:
Elhanan Helpman
Department of Economics
Harvard University
1875 Cambridge Street
Cambridge, MA 02138
Tel: 617-495-4690
Fax: 617-495-7730
E-Mail: ehelpman@harvard.edu

Alexander Hoffmaister
International Monetary Fund
700 19th Street, N.W.
Washington, DC 20431
E-Mail: ahoffmaister@imf.org
M2  - featured in NBER digest on 1995-10-01
AB  - We examine the extent to which developing countries that do little, if any research and development themselves benefit from R&D that is performed in the industrial countries.  By trading with an industrial country that has large 'stocks of knowledge' from its cumulative R&D activities, a developing country can boost its productivity by importing a larger variety of intermediate products and capital equipment embodying foreign knowledge, and by acquiring useful information that would otherwise be costly to obtain.  Our empirical results, which are based on observations over the 1971-90 period for 77 developing countries, suggest that R&D spillovers from the industrial countries in the North to the developing countries in the South are substantial.
ER  -