Konferenzbeitrag

Science, Innovation and National Growth

This paper studies the effects of public research (publications) and innovation output (patents) on national economic growth with the help of a GMM panel regression including 114 countries. Effects on productivity growth and capital and labor inputs are distinguished. Furthermore, different time lags are examined for the various analyzed effects and two time periods as well as less and more developed countries are studied separately. The results confirm the effect of innovation output on productivity for more developed countries. Simultaneously, innovation output is found to have negative impacts on capital and labor inputs, while public research is found to have positive impacts on labor inputs.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2015: Ökonomische Entwicklung - Theorie und Politik - Session: Determinants of growth in developing countries ; No. G08-V3

Classification
Wirtschaft
Macroeconomic Analyses of Economic Development
Innovation and Invention: Processes and Incentives
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models

Event
Geistige Schöpfung
(who)
Brenner, Thomas
Event
Veröffentlichung
(when)
2015

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Brenner, Thomas

Time of origin

  • 2015

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