Journal
JOURNAL OF THE KNOWLEDGE ECONOMY
Volume 12, Issue 3, Pages 1064-1078Publisher
SPRINGER
DOI: 10.1007/s13132-020-00652-2
Keywords
Efficiency; Innovation; International trade; DEA
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The study found that being a member of the Asia-Pacific Economic Cooperation is significantly correlated to an increase in efficiency gains while being a member of the European Union does not correlate with the same benefits in this area.
This study aims to assess the contribution of international trade to efficiency in innovation for members of the OECD. It will do so by adopting a novel analysis on this theme by using Data Envelopment Analysis combined with regressions. The results indicate that being a member of the Asia-Pacific Economic Cooperation is significantly correlated to an increase in efficiency gains while being a member of the European Union does not correlate with the same benefits in this area.
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