On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers
Knowledge accumulation means either new knowledge (an increase in its quality), greater access to existing knowledge (an increase in its quantity), or both. The authors examine the relative contribution of these two components of knowledge to total...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/01/3028512/quantity-quality-knowledge-impact-openness-foreign-research-development-north-north-north-south-technology-spillovers http://hdl.handle.net/10986/14211 |
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okr-10986-142112021-04-23T14:03:20Z On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers Schiff, Maurice Wang, Yanling INTERNATIONAL TRADE TRADE LIBERALIZATION QUALITATIVE ANALYSIS QUANTITATIVE DATA RESEARCH & DEVELOPMENT NORTH-SOUTH TRADE NORTH-SOUTH RELATIONS KNOWLEDGE ACQUISITION TOTAL FACTOR PRODUCTIVITY INDUSTRIAL SOCIETY PRODUCTIVITY GROWTH APPAREL BILATERAL TRADE COMPETITIVENESS DEVELOPED COUNTRIES DOMESTIC INDUSTRY DOMESTIC R&D ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC POLICY ECONOMICS ELASTICITIES ELASTICITY EMPIRICAL ANALYSIS EQUIPMENT EXOGENOUS VARIABLES EXPENDITURES EXPENDITURES ON R&D FOREIGN R&D FOREIGN RESEARCH GDP GROWTH THEORIES IMPACT OF TRADE IMPORTS INCOME INCOME INEQUALITY INCREASING RETURNS INTEGRATION INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE KNOWLEDGE ECONOMY KNOWLEDGE SPILLOVERS LABOR COSTS LOCALIZATION MARGINAL PRODUCT MARKET SIZE METAL PRODUCTS METALS OPENNESS POLITICAL ECONOMY PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC GOOD PUBLIC GOODS QUANTITATIVE RESTRICTIONS R&D R&D INTENSITY R&D SPILLOVERS R&D STOCK R&D- INTENSIVE INDUSTRIES R&D-INTENSIVE INDUSTRIES TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRADE DATA TRADE LIBERALIZATION TRADE PARTNERS TRADE PATTERNS TRANSMISSION OF TECHNOLOGY VALUE ADDED WOOD Knowledge accumulation means either new knowledge (an increase in its quality), greater access to existing knowledge (an increase in its quantity), or both. The authors examine the relative contribution of these two components of knowledge to total factor productivity (TFP) for North-North and North-South trade-related knowledge diffusion, with quantity, proxied by openness, and quality by the research and development (R&D) content of trade. The measure of foreign R&D used in the literature on trade-related knowledge diffusion, imposes equal contributions to TFP of openness, and of R&D content of trade. The authors' analysis show that R&D has a greater impact on TFP, than openness for North-North trade and, conversely, openness has a greater impact on TFP, than R&D for North-South trade. These results imply that the impact of openness on TFP in developing (industrial) countries is larger (smaller) than previously obtained in this literature, and that developing countries can obtain larger productivity gains from trade liberalization than previously thought. 2013-06-26T17:27:56Z 2013-06-26T17:27:56Z 2004-01 http://documents.worldbank.org/curated/en/2004/01/3028512/quantity-quality-knowledge-impact-openness-foreign-research-development-north-north-north-south-technology-spillovers http://hdl.handle.net/10986/14211 English en_US Policy Research Working Paper;No.3190 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
INTERNATIONAL TRADE TRADE LIBERALIZATION QUALITATIVE ANALYSIS QUANTITATIVE DATA RESEARCH & DEVELOPMENT NORTH-SOUTH TRADE NORTH-SOUTH RELATIONS KNOWLEDGE ACQUISITION TOTAL FACTOR PRODUCTIVITY INDUSTRIAL SOCIETY PRODUCTIVITY GROWTH APPAREL BILATERAL TRADE COMPETITIVENESS DEVELOPED COUNTRIES DOMESTIC INDUSTRY DOMESTIC R&D ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC POLICY ECONOMICS ELASTICITIES ELASTICITY EMPIRICAL ANALYSIS EQUIPMENT EXOGENOUS VARIABLES EXPENDITURES EXPENDITURES ON R&D FOREIGN R&D FOREIGN RESEARCH GDP GROWTH THEORIES IMPACT OF TRADE IMPORTS INCOME INCOME INEQUALITY INCREASING RETURNS INTEGRATION INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE KNOWLEDGE ECONOMY KNOWLEDGE SPILLOVERS LABOR COSTS LOCALIZATION MARGINAL PRODUCT MARKET SIZE METAL PRODUCTS METALS OPENNESS POLITICAL ECONOMY PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC GOOD PUBLIC GOODS QUANTITATIVE RESTRICTIONS R&D R&D INTENSITY R&D SPILLOVERS R&D STOCK R&D- INTENSIVE INDUSTRIES R&D-INTENSIVE INDUSTRIES TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRADE DATA TRADE LIBERALIZATION TRADE PARTNERS TRADE PATTERNS TRANSMISSION OF TECHNOLOGY VALUE ADDED WOOD |
| spellingShingle |
INTERNATIONAL TRADE TRADE LIBERALIZATION QUALITATIVE ANALYSIS QUANTITATIVE DATA RESEARCH & DEVELOPMENT NORTH-SOUTH TRADE NORTH-SOUTH RELATIONS KNOWLEDGE ACQUISITION TOTAL FACTOR PRODUCTIVITY INDUSTRIAL SOCIETY PRODUCTIVITY GROWTH APPAREL BILATERAL TRADE COMPETITIVENESS DEVELOPED COUNTRIES DOMESTIC INDUSTRY DOMESTIC R&D ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC POLICY ECONOMICS ELASTICITIES ELASTICITY EMPIRICAL ANALYSIS EQUIPMENT EXOGENOUS VARIABLES EXPENDITURES EXPENDITURES ON R&D FOREIGN R&D FOREIGN RESEARCH GDP GROWTH THEORIES IMPACT OF TRADE IMPORTS INCOME INCOME INEQUALITY INCREASING RETURNS INTEGRATION INTERNATIONAL TECHNOLOGY DIFFUSION INTERNATIONAL TRADE KNOWLEDGE ECONOMY KNOWLEDGE SPILLOVERS LABOR COSTS LOCALIZATION MARGINAL PRODUCT MARKET SIZE METAL PRODUCTS METALS OPENNESS POLITICAL ECONOMY PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC GOOD PUBLIC GOODS QUANTITATIVE RESTRICTIONS R&D R&D INTENSITY R&D SPILLOVERS R&D STOCK R&D- INTENSIVE INDUSTRIES R&D-INTENSIVE INDUSTRIES TECHNOLOGICAL CHANGE TELECOMMUNICATIONS TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRADE DATA TRADE LIBERALIZATION TRADE PARTNERS TRADE PATTERNS TRANSMISSION OF TECHNOLOGY VALUE ADDED WOOD Schiff, Maurice Wang, Yanling On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| relation |
Policy Research Working Paper;No.3190 |
| description |
Knowledge accumulation means either new
knowledge (an increase in its quality), greater access to
existing knowledge (an increase in its quantity), or both.
The authors examine the relative contribution of these two
components of knowledge to total factor productivity (TFP)
for North-North and North-South trade-related knowledge
diffusion, with quantity, proxied by openness, and quality
by the research and development (R&D) content of trade.
The measure of foreign R&D used in the literature on
trade-related knowledge diffusion, imposes equal
contributions to TFP of openness, and of R&D content of
trade. The authors' analysis show that R&D has a
greater impact on TFP, than openness for North-North trade
and, conversely, openness has a greater impact on TFP, than
R&D for North-South trade. These results imply that the
impact of openness on TFP in developing (industrial)
countries is larger (smaller) than previously obtained in
this literature, and that developing countries can obtain
larger productivity gains from trade liberalization than
previously thought. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Schiff, Maurice Wang, Yanling |
| author_facet |
Schiff, Maurice Wang, Yanling |
| author_sort |
Schiff, Maurice |
| title |
On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| title_short |
On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| title_full |
On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| title_fullStr |
On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| title_full_unstemmed |
On the Quantity and Quality of Knowledge: The Impact of Openness and Foreign Research and Development on North-North and North-South Technology Spillovers |
| title_sort |
on the quantity and quality of knowledge: the impact of openness and foreign research and development on north-north and north-south technology spillovers |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/01/3028512/quantity-quality-knowledge-impact-openness-foreign-research-development-north-north-north-south-technology-spillovers http://hdl.handle.net/10986/14211 |
| _version_ |
1764430016107511808 |