Gasto en investigación y desarrollo y productividad en la industria manufacturera mexicana
AbstractWe study the effects of R&D on productivity across a sample of 17 Mexican manufacturing sectors from 1994 to 2007. Employing panel data methods we find some interesting results. First, ordinary least squares estimates suggest a strong link between R\&D expenditure and productivity. Second, after controlling for heterogeneity and endogeneity problems such evidence disappears. Third, partitioning our sample according to R&D intensity criteria, we even observe negative effects on productivity from those industries that employ that resource more intensively.
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Bibliographic InfoArticle provided by El Colegio de México, Centro de Estudios Económicos in its journal Estudios Económicos.
Volume (Year): 29 (2014)
Issue (Month): 1 ()
R&D expenditure; manufacturing industry; Mexico; panel data.;
Find related papers by JEL classification:
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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