Citation:
Helpman, Elhanan. 1997. “R&D and Productivity: The International Connection”. Copy at http://www.tinyurl.com/y4htudft
Abstract:
Countries differ greatly in R&D spending, and these differences are particularly striking when comparing developed with developing countries. The paper examines the extent to which the benefits of R&D are concentrated in the investing countries. It is argued that significant benefits spill over to other countries in the world. The argument is supported by quantitative estimates of such cross–country effects.