著者

張 星源

出版者

神戸大学

雑誌

神戸大學經濟學研究年報 (ISSN:02863340)

巻号頁・発行日

vol.45, pp.93-130, 1999-03-10

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In this paper, we estimate the effects of a country's R&D capital stock and the R&D capital stocks of its trade partners on the country's growth of total factor productivity (TFP). Our results show that both domestic R&D and Foreign R&D have significant effects on the domestic growth of TFP. Compared with foreign R&D, however, domestic R&D has been shown to take some time lag to affect the growth of TFP. We also consider an alternative approach to the traditional index number techniques to estimate the growth of TFP. This method, called the stochastic frontier approach, allows us to distinguish the contribution of technological progress and efficiency changes to TFP growth in OECD countries.