R&D and Productivity Growth [electronic resource]: Panel Data Analysis of 16 OECD Countries / Dominique Guellec and Bruno van Pottelsberghe de la Potterie

By:

Guellec, Dominique

Contributor(s):

van Pottelsberghe de la Potterie, Bruno

Material type: Article

ArticleSeries: OECD Science, Technology and Industry Working Papers ; no.2001/03.Publication details: Paris : OECD Publishing, 2001.Description: 25 p. ; 21 x 29.7cmSubject(s):

Science and Technology

Online resources:

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Abstract: This study investigates the long-term effects of various types of R&D on multifactor productivity growth, which is the spillover effect of R&D. Econometric estimates are conducted on a panel of 16 OECD countries, over the period 1980-98. All results are averages over countries and time, and little can be said about country specificities. Major results are as follows: an increase of 1% in business R&D generates 0.13% in productivity growth. The effect is larger in countries which are intensive in business R&D, and in countries where the share of defence-related government funding is lower; a 1% increase in foreign R&D generates 0.44% in productivity growth, and the effect is larger in countries intensive in business R&D; 1% more in public R&D generates 0.17% in productivity growth. The effect is larger in countries where the share of universities (as opposed to government labs) is higher, in countries where the share of defence is lower, and in countries which are intensive in business ...

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección OECD	OECD 652870318341 (Browse shelf(Opens below))	Not For Loan

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This study investigates the long-term effects of various types of R&D on multifactor productivity growth, which is the spillover effect of R&D. Econometric estimates are conducted on a panel of 16 OECD countries, over the period 1980-98. All results are averages over countries and time, and little can be said about country specificities. Major results are as follows: an increase of 1% in business R&D generates 0.13% in productivity growth. The effect is larger in countries which are intensive in business R&D, and in countries where the share of defence-related government funding is lower; a 1% increase in foreign R&D generates 0.44% in productivity growth, and the effect is larger in countries intensive in business R&D; 1% more in public R&D generates 0.17% in productivity growth. The effect is larger in countries where the share of universities (as opposed to government labs) is higher, in countries where the share of defence is lower, and in countries which are intensive in business ...

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