GTAP Resources: Resource Display
| GTAP Resource #1171 |
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"Openness, growth and R&D spillovers: uncovering the missing link?" by Lejour, Arjan and Richard Nahuis Abstract We explore the relationship between openness and growth by taking a closer look at trade-related knowledge spillovers at the industry level. First, we estimate the relation between sectoral R&D expenditures, trade-related spillovers and growth. Next, we incorporate these R&D linkages in a computable general equilibrium model for the world economy. We simulate trade liberalisation in the model with R&D spillovers and compare the effects on GDP in different regions with a non-R&D based model simulation. We find that the GDP effects of trade liberalisation are magnified considerably by R&D spillovers for some regions — notably Japan and South-East Asia. In other regions, such as China, the additional GDP effects are modest. These findings can be traced back to changing specialisation and import patterns. |
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- Economic growth - Technological change |
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Public Access  GTAP Resource 1171 (127.6 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 8/11/2025 8:05:27 AM
