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  • 标题:Measuring Knowledge Spillovers: A Non-appropriable Returns Perspective
  • 本地全文:下载
  • 作者:Jian Li ; Kunrong Shen ; Ru Zhang
  • 期刊名称:Annals of Economics and Finance
  • 电子版ISSN:1529-7373
  • 出版年度:2011
  • 卷号:12
  • 期号:02
  • 出版社:Peking University Press
  • 摘要:

    A new approach is developed to measure knowledge spillovers by means of proportion of non-appropriable returns to social returns, assuming no specific forms of production and knowledge functions. It is complicated theoretically, but very simple and practical empirically. Using PWT 6.3, we find that: 1. the measure of spillovers is nonlinear to income; 2. spillovers do not exist when income is low, but do exist in higher income groups; 3. the elasticity of knowledge is nonlinear to income; 4. spillovers exist even when the elasticity of output to capital is roughly close to direct measure of capital's share.

  • 关键词:Knowledge spillovers; Measure; Non-appropriable returns; Capital's share; Dynamic OLS.
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