GTAP Resources: Resource Display
| GTAP Resource #1171 |
|---|
|
"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. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
- Economic growth - Technological change |
| Attachments |
|---|
|
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
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. |
| Comments (0 posted) |
|---|
|
You must log in before entering comments.
No comments have been posted. |
Last Modified: 9/15/2023 2:05:45 PM
