Financial Development and International R&D Spillovers Through Trade: Evidence From Developing Countries
This paper examines how financial development affects technological progress of 55 developing countries over the 2003 to 2016 period, with particular attention to the interaction between R&D spillovers and financial development. We find that financial development induces total factor productivit...
Main Authors: | , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
SAGE Publishing
2023-03-01
|
Series: | SAGE Open |
Online Access: | https://doi.org/10.1177/21582440231163842 |