Title: A cointegration panel data analysis for international R&D spillovers and R&D cooperation: case study for Mediterranean countries

Authors: Tarek Sadraoui

Addresses: Unit of Dynamic Economic Research and Environment, University of Economics and Management, Route de l'Aéroport Km 4, Sfax, 3018, Tunisia; Higher Institute of Industrial Management of Sfax, B.P. 1164, 3018, Sfax, Tunisia

Abstract: In this paper, we consider R&D cooperation and direct foreign investment as a channel of international spillovers by an empirical literature on innovation and growth. First, spillovers are limited to the country where R&D is conducted; the growth rate in each country will be determined by the country's own R&D-efforts and by R&D cooperation ignored a long time in growth literature. Second, spillovers take place across borders, and growth rates will tend to converge across countries. Two potential channels for R&D spillovers are examined: localisation of FDI and R&D cooperation. In examining these issues, panel data for six Mediterranean countries will be used over the period 1970 to 2008.

Keywords: panel cointegration; international R&D spillovers; FDI localisation; total factor productivity; TFP; R&D cooperation; research and development; foreign direct investment.

DOI: 10.1504/IJKL.2011.044538

International Journal of Knowledge and Learning, 2011 Vol.7 No.3/4, pp.179 - 196

Accepted: 09 Jun 2011
Published online: 31 Jan 2015 *

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