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Private R&D Investment And Productivity Growth In A Panel Of Food Manufacturing Industries

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Author Info
Carew, Richard
Abstract

The paper presents production function estimates of human capital and business research and development knowledge for a panel of Canadian food manufacturing industries over the period 1993-2004. Our results show that physical and human capitals are major determinants of food manufacturing productivity. Business research and development (R&D) was found not to be a major factor shaping food manufacturing productivity. This result is consistent with previous studies showing that not only is R&D an important factor but engineering practices, information technologies, and equipment suppliers are a key ingredients shaping the technological landscape of food manufacturing. In addition, we tested the robustness of our food manufacturing sample results to a larger sample of manufacturing industries (food, wood, paper, fertilizer) over a shorter time period. Our results show from employing different panel model estimators business R&D was a significant variable impacting manufacturing productivity.

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File URL: http://purl.umn.edu/34169
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Publisher Info
Paper provided by Canadian Agricultural Economics Society in its series Annual Meeting, May 25-28, 2006, Montreal, Quebec with number 34169.

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Date of creation: 2006
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Handle: RePEc:ags:caes06:34169

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Web page: http://caes.ca/
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Related research
Keywords: Productivity Analysis; Research and Development/Tech Change/Emerging Technologies;

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This page was last updated on 2009-12-26.


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