Journal article | Zeitschriftenartikel
Productivity and R&D: An econometric evidence from Spanish firm-level data
This paper analyses the relationship between productivity growth and R&D investments of Spanish manufacturing firms during the 1990s. The theoretical model is a version of the Cobb-Douglas production function in its growth rate form. The purpose is to estimate the rate of return to R&D expenditures. The econometric specification is a distributed lag model. The estimation applies the GMM method. The main empirical finding is that a positive and significant role is played by R&D expenditures on productivity growth. The rate of return to R&D expenditures is 26.598 per cent.
- Umfang
-
Seite(n): 1827-1837
- Sprache
-
Englisch
- Anmerkungen
-
Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
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Applied Economics, 40(14)
- Thema
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Wirtschaft
Wirtschaftsstatistik, Ökonometrie, Wirtschaftsinformatik
Volkswirtschaftstheorie
Spanien
Forschung und Entwicklung
Produktivität
Theorieanwendung
- Ereignis
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Geistige Schöpfung
- (wer)
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Maté-García, Jorge-Julio
Rodríguez-Fernández, José-Miguel
- Ereignis
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Veröffentlichung
- (wo)
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Vereinigtes Königreich
- (wann)
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2008
- DOI
- URN
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urn:nbn:de:0168-ssoar-243175
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:26 MESZ
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Objekttyp
- Zeitschriftenartikel
Beteiligte
- Maté-García, Jorge-Julio
- Rodríguez-Fernández, José-Miguel
Entstanden
- 2008
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