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Research and development spillovers in ASEAN countries: the role of economic freedom


Nordin, Nurnaddia and Nordin, Nurhaiza and Zainudin, Norzalina (2017) Research and development spillovers in ASEAN countries: the role of economic freedom. In: International Conference on Economics 2017 (ICE 2017), 28-29 Nov. 2017, Universiti Malaysia Sabah. (pp. 236-248).


The aim of this study is to examine the role economic freedom plays in R&D spillovers for the ASEAN-4 countries. The dynamic ordinary least square panel estimator (D-OLS) is employed using data from 1996 to 2015. There are three important conclusions that can be drawn from the reported results. First, foreign R&D is more important for productivity improvements than domestic R&D. Second, import is the main channel for foreign R&D spillovers. Third, economic freedom plays an important role in moderating both domestic and foreign R&D spillovers. Therefore, policymakers and governments should play an important role in promoting trade liberalization and other policies that enhance freedom of economic activities as both are expected to boost domestic productivity.

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Additional Metadata

Item Type: Conference or Workshop Item (Paper)
Divisions: Faculty of Human Ecology
Publisher: Faculty of Business, Economics and Accountancy, Universiti Malaysia Sabah
Keywords: Domestic R&D; Foreign R&D; Economic freedom; Panel dynamic ordinary least square; ASEAN countries
Depositing User: Nabilah Mustapa
Date Deposited: 03 Mar 2019 23:58
Last Modified: 03 Mar 2019 23:58
URI: http://psasir.upm.edu.my/id/eprint/66563
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