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|c 5.00 USD
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|z 9781451843620
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Coe, David.
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|a Are There International R and D Spillovers Among Randomly Matched Trade Partners? :
|b A Response to Keller /
|c David Coe, Willy Hoffmaister.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1999.
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|a 1 online resource (21 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Keller (1998) reexamines Coe and Helpman's (1995) analysis of international R and D spillovers focusing on the weights used to define the foreign R and D capital stock. Keller creates 'random' weights and shows that they give rise to positive estimates of international R and D spillovers, casting doubts on the robustness of Coe and Helpman's findings. We show that Keller's 'random' weights are essentially simple averages with a random error. We derive alternative random weights and present regressions showing that when they are used to define the foreign R and D capital stock, the estimated international R and D spillover estimates are nonexistent, as would be expected.
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|a Mode of access: Internet
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|a Hoffmaister, Willy.
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|a IMF Working Papers; Working Paper ;
|v No. 1999/018
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1999/018/001.1999.issue-018-en.xml
|z IMF e-Library
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