Akcije

Panoeconomicus
kako citirati ovaj članak
podeli ovaj članak

Metrika

  • citati u SCIndeksu: 0
  • citati u CrossRef-u:0
  • citati u Google Scholaru:[]
  • posete u poslednjih 30 dana:15
  • preuzimanja u poslednjih 30 dana:7

Sadržaj

članak: 2 od 358  
Back povratak na rezultate
2022, vol. 69, br. 4, str. 509-525
Does innovation co-move with FDI?: Evidence from OECD countries
(naslov ne postoji na srpskom)
Shih Chien University at Kaohsiung, Department of Marketing Management, Taipei, Taiwan

e-adresacpchang@g2.usc.edu.tw
Ključne reči: Innovation; FDI; Structural breaks; DOLS
Sažetak
(ne postoji na srpskom)
In this study, the panel co-integration test combined with structural breaks was used to explore the long-term co-movement between FDI and patent and trademark applications, in accordance with 33 OECD countries from 1999 to 2018. The robust results demonstrate that both innovation variables including patent and trademark co-move with FDI in the OECD sample. Furthermore, this long-term co-movement of FDI and innovation experiences some structural breaks during the period 2003-2010. Finally, there is a long-term co-movement between FDI inflows and innovation activity in OECD countries.
Reference
Acs, Z., Audretsch, D., Desai, S., Welpe, I. (2010) On experiments in entrepreneurship research. Journal of Economic Behavior & Organization, 76(1): 1-2
Aghion, P., Howitt, P. (1998) Market structure and the growth process. Review of Economic Dynamics, 1(1): 276-305
Archibugi, D., Filippetti, A., Frenz, M. (2013) The impact of the economic crisis on innovation: Evidence from Europe. Technological Forecasting and Social Change, 80(7): 1247-1260
Archibugi, D., Filippetti, A. (2011) Innovation and economic crisis: Lessons and prospects from the economic downturn. London: Routledge
Ascani, A., Balland, P., Morrison, A. (2020) Heterogeneous foreign direct investment and local innovation in Italian Provinces. Structural Change and Economic Dynamics, 53: 388-401
Awokuse, T.O., Yin, H. (2010) Does stronger intellectual property rights protection induce more bilateral trade?: Evidence from China's imports. World Development, 38(8): 1094-1104
Awokuse, T.O., Yin, H. (2010) Intellectual property rights protection and the surge in FDI in China. Journal of Comparative Economics, 38(2): 217-224
Bai, J., Perron, P. (1998) Estimating and testing linear models with multiple structural changes. Econometrica, 66(1): 47-78
Bai, J., Perron, P. (2003) Critical values for multiple structural change tests. Econometrics Journal, 6(1): 72-78
Carrion-i-Silvestre, J.L., Barrio-Castro, T.del, Lopez-Bazo, E. (2005) Breaking the panels: An application to the GDP per capita. Econometrics Journal, 8(2): 159-175
Chang, C., Chien-Chiang, L., Meng-Chi, H. (2011) Globalization, real output and multiple structural breaks. Global Economic Review, 40(4): 421-444
Chang, C., Lee, C. (2015) Do oil spot and futures prices move together?. Energy Economics, 50(C): 379-390
Cheung, K., Lin, P. (2004) Spillover effects of FDI on innovation in China: Evidence from the provincial data. China Economic Review, 15(1): 25-44
Chihwa, K., Chiang, M. (2000) On the estimation and inference of cointegrated regression in panel data. Advances in Econometrics, 15: 179-222
Fernandes, A.M., Paunov, C. (2015) The risks of innovation: Are innovating firms less likely to die?. Review of Economics and Statistics, 97(3): 1-47
Grossman, G.M., Helpman, E. (1991) Quality ladders in the theory of growth. Review of Economic Studies, 58, (1), 43-61
Hsu, J., Tiao, Y. (2015) Patent rights protection and foreign direct investment in Asian countries. Economic Modelling, 44(C): 1-6
Javorcik, B.S. (2004) The composition of foreign direct investment and protection of intellectual property rights: Evidence from transition economies. European Economic Review, 48(1): 39-62
Jewell, T., Lee, J., Tieslau, M., Strazicich, M.C. (2003) Stationarity of health expenditures and GDP: Evidence from panel unit root tests with heterogeneous structural breaks. Journal of Health Economics, 22(2): 313-323
Kafouros, M., Wang, C., Lodorfos, G. (2009) The impact of R&D strategy and firm size on the returns to innovation. International Journal of Entrepreneurship and Small Business, 8(4): 550-566
Khoury, T.A., Peng, M.W. (2011) Does institutional reform of intellectual property rights lead to more inbound FDI?: Evidence from Latin America and the Caribbean. Journal of World Business, 46(3): 337-345
Konstandina, M.S., Gachino, G.G. (2020) International technology transfer: Evidence on foreign direct investment in Albania. Journal of Economic Studies, 47(2): 286-306
Lee, J., Strazicich, M.C. (2001) Testing the null of stationarity in the presence of a structural break. Applied Economics Letters, 8(6): 377-382
Männasoo, K., Merikull, J. (2011) How do demand fluctuations and credit constraints affect R&D?: Evidence from central, southern and Eastern Europe. u: Bank of Estonia working paper, wp2011-09
Organisation for Economic Co-operation and Development (2009) OECD economic outlook. Paris
Sbia, R., Shahbaz, M., Hamdi, H. (2014) A contribution of foreign direct investment, clean energy, trade openness, carbon emissions and economic growth to energy demand in UAE. Economic Modelling, 36(C): 191-197
Solarin, S.A., Shahbaz, M. (2015) Natural gas consumption and economic growth: The role of foreign direct investment, capital formation and trade openness in Malaysia. Renewable and Sustainable Energy Reviews, 42(C): 835-845
Umit, A., Oznur, H., Isil, A. (2016) The effects of foreign direct investments and economic growth on employment and female employment: A time series analysis with structural breaks for Turkey. International Journal of Business and Economic Sciences Applied Research, 9(3): 43-49
Westerlund, J. (2006) Testing for panel co-integration with multiple structural breaks. Oxford Bulletin of Economics and Statistics, 68:1, str. 101-32
Zhao, X., Wen, J., Wanaguru, S., Chang, C. (2020) The impact of trade conflict on monetary policy in target economies. Singapore Economic Review, 66(3): 1-24
Zivot, E., Andrews, D.W.K. (1992) Further evidence on the great crash, the oil-price shock, and the unit-root hypothesis. Journal of Business & Economic Statistics, 10(3): 251-270
 

O članku

jezik rada: engleski
vrsta rada: izvorni naučni članak
DOI: 10.2298/PAN160413006C
objavljen u SCIndeksu: 05.08.2022.
Creative Commons License 4.0

Povezani članci

Nema povezanih članaka