Advanced Search
MyIDEAS: Login to save this paper or follow this series

International Comparisons of R&D Expenditure: Does an R&D PPP make a difference?

Contents:

Author Info

  • Sean M. Dougherty

    ()
    (OECD)

  • Robert Inklaar

    ()
    (University of Groningen)

  • Robert H. McGuckin

    (The Conference Board)

  • Bart van Ark

    ()
    (The Conference Board and University of Groningen)

Abstract

Purchasing power parities (PPPs) for R&D expenditure in 19 manufacturing industries are developed for France, Germany, Japan, the Netherlands and the United Kingdom relative to the United States for the years 1997 and 1987. These PPPs are based on R&D input prices for specific cost categories and differ substantially from current practice of comparing R&D expenditure using GDP PPPs and deflators. After taking into account differences in the relative price of R&D labor and materials, separate PPPs for other R&D cost categories are less essential, and a simpler version using GDP PPPs for these other categories should suffice. Our preferred PPPs are used to compare international R&D costs and intensity. The results suggest that the efforts devoted to R&D in each country are more similar across countries than is apparent using the nominal R&D intensities that are currently the norm.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.conference-board.org/economics/workingpapers.cfm?pdf=E-0018-03-WP
File Function: First version, 2003
Download Restriction: no

File URL: http://www.conference-board.org/economics/workingpapers.cfm?pdf=E-0016-04-WP
File Function: Second version, 2004
Download Restriction: no

File URL: http://papers.nber.org/papers/w12829.pdf
File Function: Revised version, 2006
Download Restriction: no

Bibliographic Info

Paper provided by The Conference Board, Economics Program in its series Economics Program Working Papers with number 03-03.

as in new window
Length: 49 pages
Date of creation: Jul 2003
Date of revision: Jun 2006
Publication status: Published in Ernst R. Berndt and Charles M. Hulten (editors), Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, The University of Chicago Press, Spring 2007.
Handle: RePEc:cnf:wpaper:0303

Contact details of provider:
Postal: 845 Third Avenue, New York, New York 10022-6679
Phone: (212) 759-0900
Fax: (212) 980-7014
Email:
Web page: http://www.conference-board.org/publications/publicationlistall.cfm?sort=type#EconomicWorkingPaper
More information through EDIRC

Related research

Keywords: R&D; PPP; price indexes; research; development; innovation;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Robert H. McGuckin & Robert Inklaar & Bart van Ark & Sean M. Dougherty, 2004. "The Structure of Business R&D: Recent Trends and Measurement Implications," Economics Program Working Papers, The Conference Board, Economics Program 04-01, The Conference Board, Economics Program.
  2. Hill, Robert J., 2003. "Constructing price indexes across space and time: the case of the European Union," Research Report 03C20, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
  3. Danzon, Patricia M. & Chao, Li-Wei, 2000. "Cross-national price differences for pharmaceuticals: how large, and why?," Journal of Health Economics, Elsevier, vol. 19(2), pages 159-195, March.
  4. Heston, Alan & Summers, Robert, 1996. "International Price and Quantity Comparisons: Potentials and Pitfalls," American Economic Review, American Economic Association, vol. 86(2), pages 20-24, May.
  5. David E. Lebow & Jeremy B. Rudd, 2003. "Measurement Error in the Consumer Price Index: Where Do We Stand?," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 159-201, March.
  6. Robert H. McGuckin & Bart van Ark & Sean M. Dougherty & Robert Inklaar, 2006. "Appendices to Internationally Comparable Science, Technology and Competitiveness Indicators," Economics Program Working Papers, The Conference Board, Economics Program 06-01, The Conference Board, Economics Program.
  7. Charles R. Hulten & Edwin R. Dean & Michael J. Harper, 2001. "New Developments in Productivity Analysis," NBER Books, National Bureau of Economic Research, Inc, number hult01-1, Ekim.
  8. MacDonald, A S, 1973. "Exchange Rates for National Expenditure on Research and Development," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 83(330), pages 477-94, June.
  9. Barbara M. Fraumeni & Sumiye Okubo, 2005. "R&D in the National Income and Product Accounts: A First Look at Its Effect on GDP," NBER Chapters, in: Measuring Capital in the New Economy, pages 275-322 National Bureau of Economic Research, Inc.
  10. Inklaar, Robert & Wu, Harry & Ark, Bart van, 2003. ""Losing ground" : Japanese labour productivity and unit laboour cost manufacturing in comparison to the U.S," GGDC Research Memorandum 200364, Groningen Growth and Development Centre, University of Groningen.
  11. Charles R. Hulten, 2001. "Total Factor Productivity: A Short Biography," NBER Chapters, in: New Developments in Productivity Analysis, pages 1-54 National Bureau of Economic Research, Inc.
  12. Van Ark, B. & Gersbach, H., 1994. "Micro Foundations for International Productivity Comparisons," Papers, Groningen State, Institute of Economic Research- 572, Groningen State, Institute of Economic Research-.
  13. DiMasi, Joseph A. & Hansen, Ronald W. & Grabowski, Henry G., 2003. "The price of innovation: new estimates of drug development costs," Journal of Health Economics, Elsevier, vol. 22(2), pages 151-185, March.
  14. Carol Corrado & John Haltiwanger & Dan Sichel, 2005. "Measuring Capital in the New Economy," NBER Books, National Bureau of Economic Research, Inc, number corr05-1, Ekim.
  15. Zvi Griliches, 1984. "R & D, Patents, and Productivity," NBER Books, National Bureau of Economic Research, Inc, number gril84-1, Ekim.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Richard M. H. Suen, 2013. "Research Policy and U.S. Economic Growth," Working papers 2013-18, University of Connecticut, Department of Economics.
  2. Sabine Visser, 2007. "R&D in Worldscan," CPB Memorandum, CPB Netherlands Bureau for Economic Policy Analysis 189, CPB Netherlands Bureau for Economic Policy Analysis.
  3. Jakob B. Madsen & EPRU & FRU, 2007. "Semi-Endogenous Versus Schumpeterian Growth Models: Testing The Knowledge Production Function Using International Data," Monash Economics Working Papers 26-07, Monash University, Department of Economics.
  4. Robert H. McGuckin & Robert Inklaar & Bart van Ark & Sean M. Dougherty, 2004. "The Structure of Business R&D: Recent Trends and Measurement Implications," Economics Program Working Papers, The Conference Board, Economics Program 04-01, The Conference Board, Economics Program.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cnf:wpaper:0303. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (A Ozyildirim).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.