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Do technology spillovers matter for growth?

Abstract

This paper attempts to explain the growth of labour productivity by (inter)national spillovers from R&D and patenting. We develop a model that is tested for Germany, France, the United Kingdom and the United States of America using a new set of panel data for the period 1955 until 1991. The results indicate that domestic R&D has an indirect and, for Germany, a positive impact on productivity growth.

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