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Research and development spillovers in ASEAN countries: the role of economic freedom

The aim of this study is to examine the role economic freedom plays in R&D spillovers for the ASEAN-4 countries. The dynamic ordinary least square panel estimator (D-OLS) is employed using data from 1996 to 2015. There are three important conclusions that can be drawn from the reported results....

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Main Authors: Nordin, Nurnaddia, Nordin, Nurhaiza, Zainudin, Norzalina
Format: Conference or Workshop Item
Language:English
Published: Faculty of Business, Economics and Accountancy, Universiti Malaysia Sabah 2017
Online Access:http://psasir.upm.edu.my/id/eprint/66563/1/ICE%202017-3.pdf
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spelling oai:psasir.upm.edu.my:66563 http://psasir.upm.edu.my/id/eprint/66563/ Research and development spillovers in ASEAN countries: the role of economic freedom Nordin, Nurnaddia Nordin, Nurhaiza Zainudin, Norzalina The aim of this study is to examine the role economic freedom plays in R&D spillovers for the ASEAN-4 countries. The dynamic ordinary least square panel estimator (D-OLS) is employed using data from 1996 to 2015. There are three important conclusions that can be drawn from the reported results. First, foreign R&D is more important for productivity improvements than domestic R&D. Second, import is the main channel for foreign R&D spillovers. Third, economic freedom plays an important role in moderating both domestic and foreign R&D spillovers. Therefore, policymakers and governments should play an important role in promoting trade liberalization and other policies that enhance freedom of economic activities as both are expected to boost domestic productivity. Faculty of Business, Economics and Accountancy, Universiti Malaysia Sabah 2017 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/66563/1/ICE%202017-3.pdf Nordin, Nurnaddia and Nordin, Nurhaiza and Zainudin, Norzalina (2017) Research and development spillovers in ASEAN countries: the role of economic freedom. In: International Conference on Economics 2017 (ICE 2017), 28-29 Nov. 2017, Universiti Malaysia Sabah. (pp. 236-248).
institution UPM IR
collection UPM IR
language English
description The aim of this study is to examine the role economic freedom plays in R&D spillovers for the ASEAN-4 countries. The dynamic ordinary least square panel estimator (D-OLS) is employed using data from 1996 to 2015. There are three important conclusions that can be drawn from the reported results. First, foreign R&D is more important for productivity improvements than domestic R&D. Second, import is the main channel for foreign R&D spillovers. Third, economic freedom plays an important role in moderating both domestic and foreign R&D spillovers. Therefore, policymakers and governments should play an important role in promoting trade liberalization and other policies that enhance freedom of economic activities as both are expected to boost domestic productivity.
format Conference or Workshop Item
author Nordin, Nurnaddia
Nordin, Nurhaiza
Zainudin, Norzalina
spellingShingle Nordin, Nurnaddia
Nordin, Nurhaiza
Zainudin, Norzalina
Research and development spillovers in ASEAN countries: the role of economic freedom
author_facet Nordin, Nurnaddia
Nordin, Nurhaiza
Zainudin, Norzalina
author_sort Nordin, Nurnaddia
title Research and development spillovers in ASEAN countries: the role of economic freedom
title_short Research and development spillovers in ASEAN countries: the role of economic freedom
title_full Research and development spillovers in ASEAN countries: the role of economic freedom
title_fullStr Research and development spillovers in ASEAN countries: the role of economic freedom
title_full_unstemmed Research and development spillovers in ASEAN countries: the role of economic freedom
title_sort research and development spillovers in asean countries: the role of economic freedom
publisher Faculty of Business, Economics and Accountancy, Universiti Malaysia Sabah
publishDate 2017
url http://psasir.upm.edu.my/id/eprint/66563/1/ICE%202017-3.pdf
_version_ 1782757074622480384
score 12.935284

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