Trade in Ideas: Patenting and Productivity in the OECD
NBER Working Paper No. 5049 (Also Reprint No. r2119)
We develop and estimate a model of technological innovation and its contribution to growth at home and abroad. International patents indicate where innovations come from and where they are used. Countries grow at a common steady-state rate. A country's relative productivity depends upon its capacity to absorb technology. We estimate that, except for the United States, OECD countries derive almost all of their productivity growth from abroad.
Document Object Identifier (DOI): 10.3386/w5049
Published: Journal of International Economics, vol. 40, no. 3/4, May 1996, pp. 251-278 citation courtesy of
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