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R&D spillovers and total factor productivity in South Korea with ARDL approach


Citation

Ibrahim, Saifuzzaman and Mohd Sidek, Hazirah and Wan Ngah, Wan Azman Saini and Abdul Rahman, Mazlina (2014) R&D spillovers and total factor productivity in South Korea with ARDL approach. Transition Studies Review, 21 (1). ISSN 1614-4007; ESSN: 1614-4015

Abstract

This study aims to examine the impact of R&D spillovers on the South Korean total factor productivity (TFP) using the Autoregressive Distributed Lag (ARDL) estimation technique. Using data from the period 1985-2005, the results show that the domestic research and development (R&D) expenditure and foreign direct investment (FDI) have positive im- pact on the productivity growth in South Korea, in the long run. However, in the short run, the domestic R&D and the imports of goods and services have significant positive impact on the country’s TFP.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Transition Academia Press
Keywords: R&D spillovers; Total factor productivity; Research & development; South Korea; ARDL
Depositing User: Nurul Ainie Mokhtar
Date Deposited: 30 Dec 2015 11:17
Last Modified: 30 Dec 2015 11:17
URI: http://psasir.upm.edu.my/id/eprint/35143
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