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...

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Bibliographic Details
Main Authors: Thanh Le, Ngoc Vu Bich, Sau Mai, Ha Nguyen, Hung Bui
Format: Article
Language:English
Published: SAGE Publishing 2023-03-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440231163842