On R&D, medium and high-tech industries and productivity: an application to the Portuguese case
AbstractThis paper investigates the potential impact of increased R&D efforts and structural changes in Portugal on labour productivity. The paper addresses Portugal’s ambition, expressed in the 2005 Technological Plan. Based on existing literature on the relation between R&D expenditures, structural change and productivity, we evaluate the contribution of R&D and medium to high-tech industries on productivity over the last 30 years. Our results confirm the importance of governement’s R&D and of business R&D in the medium to high-tech sectors, as they stimulate productivity growth. However, we cannot hypothesize that productivity growth was primarily rooted on the development of medium-high technology industries.
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Bibliographic InfoPaper provided by Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro in its series Working Papers de Economia (Economics Working Papers) with number 51.
Length: 30 pages
Date of creation: Dec 2008
Date of revision:
Manufacturing; Productivity; Structural Change; R&D; High-tech industries;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-05-02 (All new papers)
- NEP-CSE-2009-05-02 (Economics of Strategic Management)
- NEP-EFF-2009-05-02 (Efficiency & Productivity)
- NEP-INO-2009-05-02 (Innovation)
- NEP-TID-2009-05-02 (Technology & Industrial Dynamics)
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