Trade in Ideas: Patenting and Productivity in the OECD
Posted: 10 Oct 1998
There are 2 versions of this paper
Trade in Ideas: Patenting and Productivity in the OECD
NBER Working Paper No. w5049
Number of pages: 39
Posted: 11 Jun 2000
Last Revised: 26 Oct 2022
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Abstract
We develop and estimate a model of technological innovation and its contribution to growth at home and abroad. International patents indicate where innovations come from and where they are used. Countries grow at a common steady-state rate. A country's relative productivity depends upon its capacity to absorb technology. We estimate that, except for the United States, OECD countries derive almost all of their productivity growth from abroad.
JEL Classification: F43, O14, O31, O34, O40
Suggested Citation: Suggested Citation
Eaton, Jonathan and Kortum, Samuel S., Trade in Ideas: Patenting and Productivity in the OECD. Available at SSRN: https://ssrn.com/abstract=6419
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