Openness, technological spillovers in the R&D sector and economic growth

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dc.contributor.author Chen, Pei-Pei
dc.contributor.upauthor Gupta, Rangan
dc.date.accessioned 2010-04-06T07:06:05Z
dc.date.available 2010-04-06T07:06:05Z
dc.date.issued 2010-03
dc.description.abstract Recent studies have pointed out that trade liberalisation leads to technological spillovers, which tend to improve the efficiency of the domestic research and development (R&D) sector, and ultimately boost economic growth. In this paper, we theoretically formalise the above-mentioned relationship between trade openness and growth, via knowledge spillover in the R&D sector. We show that, under certain conditions, an increase in the degree of openness not only enhances growth, but also improves the standard of living. The study, thus, prescribes policies of developing and improving the domestic R&D sector in order to reap the benefits of trade liberalisation. en
dc.identifier.citation Chen, PP & Gupta, R 2010, 'Openness, technological spillovers in the R&D sector and economic growth', South African Journal of Economic and Management Sciences, vol. 13, no. 1, pp. 1-7. [http://www.journals.co.za/ej/ejour_ecoman.html] en
dc.identifier.issn 1015-8812
dc.identifier.uri http://hdl.handle.net/2263/13781
dc.language.iso en en
dc.publisher Juta en
dc.rights Juta en
dc.subject Trade openness en
dc.subject Economic growth en
dc.subject Spillovers en
dc.subject.lcsh Economic development en
dc.subject.lcsh Research and development projects en
dc.subject.lcsh Free trade en
dc.title Openness, technological spillovers in the R&D sector and economic growth en
dc.type Article en


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