A Panel Analysis of Influence of R&D on Export

연구개발의 수출에 대한 영향 분석

The purpose of this study is to analyse the general influence of R&D on export, and to induce policy implications. The method of analysis is panel data analysis based on a data set of Korea, United States and Japan. The result of analyses shows that the influence of R&D on export is significant and positive. In addition, the results also confirmed generally positive relationships between R&D and export. It means that R&D is an important factor to raise international competitiveness of export commodities. We can conclude that the empirical results provide evidence to support the neotechnology theory of trade in the context of Korea, United States and Japan.