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R&D, trade, and productivity growth in Korean manufacturing

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  • R&D, trade, and productivity growth in Korean manufacturing
  • Kim, Taegi; Park, Changsuh
  • University of Colorado at Boulder


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Title R&D, trade, and productivity growth in Korean manufacturing
Similar Titles
Material Type Reports
Author(English)

Kim, Taegi; Park, Changsuh

Publisher

Boulder:University of Colorado at Boulder

Date 2003-01
Series Title; No Discussion Paper in Economics: Working Paper / 03-02
Pages 41
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Industry and Technology < Manufacturing
Holding University of Colorado at Boulder

Abstract

This paper investigates the effects of both R&D spillovers and trade patterns on productivity in Korean manufacturing, using industry-level data. Our results show that domestic and foreign R&D capital stocks have played an important role in productivity growth of Korean manufacturing over the period 1976-96, and that foreign R&D capital has had more effect than domestic R&D in improving the total factor productivity of Korean manufacturing. Moreover, productivity is greater in export industries and in the more opening industries, and the effects of foreign R&D capital are greater in the industries with large import shares or large intra-industry trade shares.