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R&D, Innovation and Output: Evidence from OECD and Non-OECD Countries
[Zeitschriftenartikel]
Abstract In this paper we examine the predictions of the non-scale endogenous growth theories that an increase in the share of researchers in labour leads to an increase in innovation and innovation raises per capita output. Using panel data from 41 OECD and non-OECD countries, we show that an increase in th... mehr
In this paper we examine the predictions of the non-scale endogenous growth theories that an increase in the share of researchers in labour leads to an increase in innovation and innovation raises per capita output. Using panel data from 41 OECD and non-OECD countries, we show that an increase in the share of researchers in labour increases innovation only in the large market OECD countries. In addition, innovation raises per labour GDP in the high income OECD countries only, while raising it in all non-OECD countries, except for the low income countries. These results provide strong support for the non-scale endogenous growth theories.... weniger
Thesaurusschlagwörter
Theorie; Wachstum; Innovation; Patent; Forschung und Entwicklung
Klassifikation
Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik
Methode
Theorieanwendung
Freie Schlagwörter
patents; output; panel data; Generelized methods of moments; GMM
Sprache Dokument
Englisch
Publikationsjahr
2008
Seitenangabe
S. 291-307
Zeitschriftentitel
Applied Economics, 39 (2008) 3
DOI
https://doi.org/10.1080/00036840500439002
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)