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An empirical study of scientific production: A cross country analysis, 1981-2002

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  • Crespi, Gustavo A.
  • Geuna, Aldo

Abstract

This paper presents the results of an econometric approach to examine the determinants of scientific production at cross-country level. The paper aims not to provide accurate and robust estimates of investment elasticities (a doubtful task given the poor quality of the data sources and the modelling problems), but to develop and critically assess the validity of an empirical approach for characterising the production of science and its impact, from a comparative perspective. We employ and discuss the limitations of a production function approach to relate investment inputs to scientific outputs using a sample of 14 countries for which we have information on higher education research and development (HERD). The outputs are taken from the Thomson ISI® national science indicators (2002) database on published papers and citations. The inputs and outputs for this sample of countries have been recorded for a period of 21 years (1981-2002). A thorough discussion of the data shortcomings is provided. On the basis of this panel dataset we investigate the profile of the time lag between investment in HERD and research output and returns to national investment in science. We devote particular attention to analysing the presence of cross-country spillovers. We show their relevance and underline the international effect of the US system.

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Bibliographic Info

Article provided by Elsevier in its journal Research Policy.

Volume (Year): 37 (2008)
Issue (Month): 4 (May)
Pages: 565-579

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Handle: RePEc:eee:respol:v:37:y:2008:i:4:p:565-579

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Web page: http://www.elsevier.com/locate/respol

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  1. Johnes, Jill & Johnes, Geraint, 1995. "Research funding and performance in U.K. University Departments of Economics: A frontier analysis," Economics of Education Review, Elsevier, vol. 14(3), pages 301-314, September.
  2. Partha, Dasgupta & David, Paul A., 1994. "Toward a new economics of science," Research Policy, Elsevier, vol. 23(5), pages 487-521, September.
  3. Geuna, Aldo & Nesta, Lionel J.J., 2006. "University patenting and its effects on academic research: The emerging European evidence," Research Policy, Elsevier, vol. 35(6), pages 790-807, July.
  4. Maddala, G S & Wu, Shaowen, 1999. " A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(0), pages 631-52, Special I.
  5. Jacobsson, Staffan & Rickne, Annika, 2004. "How large is the Swedish 'academic' sector really?: A critical analysis of the use of science and technology indicators," Research Policy, Elsevier, vol. 33(9), pages 1355-1372, November.
  6. Geuna, Aldo & Anthony Arundel, 2003. "Proximity and the Use of Public Science by Innovate European Firms," Royal Economic Society Annual Conference 2003 86, Royal Economic Society.
  7. Gustavo Crespi & Aldo Geuna, 2005. "Modelling and Measuring Scientific Production: Results for a Panel of OECD Countries," SPRU Working Paper Series 133, SPRU - Science and Technology Policy Research, University of Sussex.
  8. Narin, Francis & Hamilton, Kimberly S. & Olivastro, Dominic, 1997. "The increasing linkage between U.S. technology and public science," Research Policy, Elsevier, vol. 26(3), pages 317-330, October.
  9. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
  10. Mansfield, Edwin, 1991. "Academic research and industrial innovation," Research Policy, Elsevier, vol. 20(1), pages 1-12, February.
  11. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 673-702, August.
  12. Zvi Griliches, 1979. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 92-116, Spring.
  13. Alvin K. Klevorick & Richard C. Levin & Richard R. Nelson & Sidney G. Winter, 1993. "On the Sources and Significance of Interindustry Differences in Technological Opportunities," Cowles Foundation Discussion Papers 1052, Cowles Foundation for Research in Economics, Yale University.
  14. James D.ADAMS & Zvi GRILICHES, 1998. "Research Productivity in a System of Universities," Annales d'Economie et de Statistique, ENSAE, issue 49-50, pages 127-162.
  15. Andrea Bonaccorsi & Cinzia Daraio, 2003. "A robust nonparametric approach to the analysis of scientific productivity," Research Evaluation, Oxford University Press, vol. 12(1), pages 47-69, April.
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Citations

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Cited by:
  1. Shibayama Sotaro, 2010. "Distribution of Academic Research Funds: Case of Japanese National Research Grant," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201018, University of Turin.
  2. Okey K. N. Mawussé, 2013. "Institutions and scientific research in Africa," Economics Bulletin, AccessEcon, vol. 33(2), pages 1487-1503.
  3. Antonelli Cristiano & Fassio Claudio, 2012. "Academic knowledge and economic growth: are scientific fields all alike," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201203, University of Turin.
  4. Irwin Feller, 2013. "Performance measures as forms of evidence for science and technology policy decisions," The Journal of Technology Transfer, Springer, vol. 38(5), pages 565-576, October.
  5. Aoki, Shuhei & Kimura, Megumi, 2014. "Allocation of Research Resources and Publication Productivity in Japan: A Growth Accounting Approach," IIR Working Paper 13-24, Institute of Innovation Research, Hitotsubashi University.
  6. Jacobsson, Staffan & Lindholm-Dahlstrand, Åsa & Elg, Lennart, 2013. "Is the commercialization of European academic R&D weak?—A critical assessment of a dominant belief and associated policy responses," Research Policy, Elsevier, vol. 42(4), pages 874-885.
  7. Hans Gersbach & Gerhard Sorger & Christian Amon, 2009. "Hierarchical Growth: Basic and Applied Research," CER-ETH Economics working paper series 09/118, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.

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