R&D spillovers and total factor productivity in South Korea with ARDL approach

This study aims to examine the impact of R&D spillovers on the South Korean total factor productivity (TFP) using the Autoregressive Distributed Lag (ARDL) estimation technique. Using data from the period 1985-2005, the results show that the domestic research and development (R&D) expenditur...

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Main Authors: Ibrahim, Saifuzzaman, Mohd Sidek, Hazirah, Wan Ngah, Wan Azman Saini, Abdul Rahman, Mazlina
Format: Article
Published: Transition Academia Press 2014
Online Access:http://psasir.upm.edu.my/id/eprint/35143/
http://transitionacademiapress.org/jtsr/article/view/24
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spelling my.upm.eprints.351432015-12-30T11:17:50Z http://psasir.upm.edu.my/id/eprint/35143/ R&D spillovers and total factor productivity in South Korea with ARDL approach Ibrahim, Saifuzzaman Mohd Sidek, Hazirah Wan Ngah, Wan Azman Saini Abdul Rahman, Mazlina This study aims to examine the impact of R&D spillovers on the South Korean total factor productivity (TFP) using the Autoregressive Distributed Lag (ARDL) estimation technique. Using data from the period 1985-2005, the results show that the domestic research and development (R&D) expenditure and foreign direct investment (FDI) have positive im- pact on the productivity growth in South Korea, in the long run. However, in the short run, the domestic R&D and the imports of goods and services have significant positive impact on the country’s TFP. Transition Academia Press 2014 Article NonPeerReviewed Ibrahim, Saifuzzaman and Mohd Sidek, Hazirah and Wan Ngah, Wan Azman Saini and Abdul Rahman, Mazlina (2014) R&D spillovers and total factor productivity in South Korea with ARDL approach. Transition Studies Review, 21 (1). ISSN 1614-4007; ESSN: 1614-4015 http://transitionacademiapress.org/jtsr/article/view/24
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description This study aims to examine the impact of R&D spillovers on the South Korean total factor productivity (TFP) using the Autoregressive Distributed Lag (ARDL) estimation technique. Using data from the period 1985-2005, the results show that the domestic research and development (R&D) expenditure and foreign direct investment (FDI) have positive im- pact on the productivity growth in South Korea, in the long run. However, in the short run, the domestic R&D and the imports of goods and services have significant positive impact on the country’s TFP.
format Article
author Ibrahim, Saifuzzaman
Mohd Sidek, Hazirah
Wan Ngah, Wan Azman Saini
Abdul Rahman, Mazlina
spellingShingle Ibrahim, Saifuzzaman
Mohd Sidek, Hazirah
Wan Ngah, Wan Azman Saini
Abdul Rahman, Mazlina
R&D spillovers and total factor productivity in South Korea with ARDL approach
author_facet Ibrahim, Saifuzzaman
Mohd Sidek, Hazirah
Wan Ngah, Wan Azman Saini
Abdul Rahman, Mazlina
author_sort Ibrahim, Saifuzzaman
title R&D spillovers and total factor productivity in South Korea with ARDL approach
title_short R&D spillovers and total factor productivity in South Korea with ARDL approach
title_full R&D spillovers and total factor productivity in South Korea with ARDL approach
title_fullStr R&D spillovers and total factor productivity in South Korea with ARDL approach
title_full_unstemmed R&D spillovers and total factor productivity in South Korea with ARDL approach
title_sort r&d spillovers and total factor productivity in south korea with ardl approach
publisher Transition Academia Press
publishDate 2014
url http://psasir.upm.edu.my/id/eprint/35143/
http://transitionacademiapress.org/jtsr/article/view/24
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score 13.18916