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Produttività e capitale tecnologico nel settore manifatturiero italiano

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  • Aiello Francesco
  • Cardamone Paola
  • Pupo Valeria

Abstract

This paper estimates the impact of R&D expenditure on productivity at firm level. We use a balanced panel of 385 Italian manufacturing firms in order to provide evidence of the elasticity of capital R&D over the period 1992-1997. We consider an extended production function that includes the firm's own R&D capital stock and the spillover effect as inputs, as well as labour, physical and human capital. Final outcomes confirm the relevance of R&D as a source of growth, the R&D capital elasticity being equal to 0.14.

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Bibliographic Info

Article provided by Società editrice il Mulino in its journal L'industria.

Volume (Year): (2005)
Issue (Month): 1 ()
Pages: 119-146

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Handle: RePEc:mul:j0hje1:doi:10.1430/19611:y:2005:i:1:p:119-146

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Cited by:
  1. Aiello, Francesco & Cardamone, Paola, 2010. "Regional economic divide and the role of technological spillovers in Italy. Evidence from microdata," MPRA Paper 22572, University Library of Munich, Germany.
  2. Isabella Martucci & Anna Maria Costanza Rinaldi, 2012. "The Way Italian Firms Grow: A Case Study from Southern Italy," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(43), pages 115-130, March.
  3. Cardamone, Paola, 2014. "R&D, spatial proximity and productivity at firm level: evidence from Italy," MPRA Paper 57149, University Library of Munich, Germany.

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