Are There International R and D Spillovers Among Randomly Matched Trade Partners? : A Response to Keller /

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 spillov...

Повний опис

Бібліографічні деталі
Автор: Coe, David
Інші автори: Hoffmaister, Willy
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1999.
Серія:IMF Working Papers; Working Paper ; No. 1999/018
Онлайн доступ:Full text available on IMF
LEADER 01808cas a2200253 a 4500
001 AALejournalIMF000810
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451843620 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Coe, David. 
245 1 0 |a Are There International R and D Spillovers Among Randomly Matched Trade Partners? :   |b A Response to Keller /  |c David Coe, Willy Hoffmaister. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (21 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |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. 
538 |a Mode of access: Internet 
700 1 |a Hoffmaister, Willy. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/018 
856 4 0 |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