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THE IMPACT OF FOREIGN R&D ON TOTAL FACTOR PRODUCTIVITY IN THE EAST ASIAN MANUFACTURING INDUSTRY

机译:外国研发对东亚制造业总要素生产率的影响

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摘要

Applying a stochastic production frontier we examine the extent to which industrial countries' R&D contributes to East Asian economies' total factor productivity (TFP) growth in manufacturing sectors, via foreign trade as the channel for technological spillovers, based on a sample of nine manufacturing sectors for eight East Asian economies from 1973 to 1998. Our findings provide evidence that foreign R&D spillovers through imports are the main determinant of these economies' TFP growth, with output elasticity standing at an average of 0.09, consistent with many earlier studies. Both technological progress and efficiency gains are found to be key factors for sustainable economic growth in this region.
机译:应用随机生产前沿,我们通过对九个制造业部门的抽样调查,考察了工业国家的研发在多大程度上通过外贸作为技术溢出的渠道对东亚经济体制造业中的全要素生产率(TFP)增长做出了贡献在1973年至1998年期间,对八个东亚经济体进行了研究。我们的发现提供了证据,表明外国通过进口进行的R&D溢出是这些经济体TFP增长的主要决定因素,其产出弹性平均为0.09,与许多早期研究一致。人们发现技术进步和效率提高都是该地区可持续经济增长的关键因素。

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