Manufacturing the future: is the manufacturing sector a driver of R&D, exports and productivity growth?

Arbeitspapier

Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies, policymakers have suggested that a large manufacturing sector can: i) boost R&D, ii) encourage exporting, and iii) raise productivity. We examine these claims. Non-parametric plots and regressions show a robust positive association between the manufacturing sector and Business R&D expenditures (BERD), while the relationship between manufacturing and exports or productivity is more elusive. Finally, we explore whether a manufacturing sector target of 20% of value-added will help reach a BERD target of 3% of GDP.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: JRC Working Papers on Corporate R&D and Innovation ; No. 06/2017

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Industrialization; Manufacturing and Service Industries; Choice of Technology ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Thema: Manufacturing sector ; R&D ; exporting ; productivity ; industrial policy ; industrial renaissance

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Coad, Alexander ; Vezzani, Antonio
• Ereignis: Veröffentlichung
• (wer): European Commission, Joint Research Centre (JRC)
• (wo): Seville
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/202175
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ