Knowledge Spillover Effects of International Trade of OECD Countries

The international trades have make a significant impact on economic growth to the world's major economies organizations. If China wants to achieve sustainable economic growth rapidly with low cost, it should obtain advanced knowledge and technology from the international trade with developed countries of technology and knowledge overflow. How to cooperate with these developed countries and what kind of trade we should do to gain the most spillovers effect is the issues discussed in this paper, which use the panel data from 1995 to 2010, do the empirical test to the R&D spillover effects on some of OECD countries which have more international trade with China, and thus lay the foundation for further study of the relationship between spillovers and regional innovation capacity.