International R&D Spillovers, Absorptive Capacity and Relative Backwardness: A Panel Smooth Transition Regression Model

Absorptive capacity, technological opportunity, knowledge spillovers, and innovative effort

This paper analyses the influence of two variables related with industrial structure (technological opportunity and knowledge spillovers) and one management variable (absorptive capacity) on the innovative efforts developed by firms. These relationships are investigated in a total of 406 Spanish manufacturing companies with an established degree of innovative activity. In addition the nature of...

Is Earnings Management Opportunistic or Beneficial in Taiwan? Application of Panel Smooth Transition Regression Model

is health a luxury for people in the middle east countries? evidence from panel smooth transition regression models

background: in this article, we used a panel smooth transition regression model to estimate the relationship between health expenditure and income. this approach is employed to continuously model changing parameters among countries and during time. it is thus suitable for eliminating heterogeneity among countries and the variability of the relationship between gross domestic product (gdp) and h...

Ict as a General Purpose Technology: Spillovers, Absorptive Capacity and Productivity Performance

We analyse the impact of ICT spillovers on productivity using company data for the U.S. We account for interand intra-industry spillovers and assess the role played by firm’s absorptive capacity. Our results show that intra-industry ICT spillovers have a contemporaneous negative effect that turns positive 5 years after the initial investment. For inter-industry spillovers both contemporaneous a...

Some Panel Cointegration Models of International R & D Spillovers

Coe and Helpman (1995) estimated a relationship between TFP and levels of domestic and foreign R&D capital, but couldn't provide compelling evidence of the panel eointegration needed to support their estimation strategy. This paper uses Pedroni's (1997, 1998) tests for panel cointegration in both the Coe-Helpman setup and in a framework with more cross-section heterogeneity. Criticisms of the C...