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Domestic and international knowledge spillovers in the South Korean manufacturing industries

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  • Domestic and international knowledge spillovers in the South Korean manufacturing industries
  • Singh, Lakhwinder
  • Economic and Political Weekly


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Title Domestic and international knowledge spillovers in the South Korean manufacturing industries
Similar Titles
Material Type Reports
Author(English)

Singh, Lakhwinder

Publisher

[Mumbai]:Economic and Political Weekly

Date 2006-10
Journal Title; Vol./Issue Economic and Political Weekly:Vol. 39(No. 5)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < General
Industry and Technology < Manufacturing
Holding COnnecting REpositories

Abstract

This paper explores the relationship between the productivity growth and both domestic and international knowledge spillovers in the Korean manufacturing industries, using panel data for 28 industries over the period 1970-2000. To empirically verify the extent of domestic and international knowledge spillovers we have followed endogenous growth approach and wisdom from new international trade theory. We find strong productivity effects from industry’s own R and D as well as domestic and foreign knowledge spillovers. International knowledge spillovers transmitted by trade played dominant role in explaining productivity growth in the Korean manufacturing industries during the 1970s and 1980s, but the international knowledge spillovers did not play any significant role in the 1990s. This empirical finding has strong implications for the Korean technology policy as well as for the strict intellectual property rights regime enacted by the WTO.