This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
A Schumpeter-Inspired Approach to the Construction of R&D Capital Stocks Author info | Abstract | Publisher info | Download info | Related research | Statistics Jürgen Bitzer
Andreas Stephan
Additional information is available for the following
registered author(s):
A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old knowledge, to destroy part of that capital. This is in stark contrast to the perpetual inventory method, which postulates a constant rate of depreciation. We compare both methods by estimating the impact of R&D and spillovers on output in OECD countries, and find that the new approach leads to more sensible and robust results.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. 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.
Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number
300.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 19 p.
Date of creation: 2002Date of revision:
Publication status: Published in: Applied Economics (2007), 153-167Handle: RePEc:diw:diwwpp:dp300Contact details of provider: Postal: Mohrenstra�e 58, D-10117 Berlin Phone: xx49-30-89789-0 Fax: xx49-30-89789-200 Email: Web page: http://www.diw.de/en More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Bibliothek).
Keywords: R&D capital stocks ; knowledge spillovers ; creative destruction ; Other versions of this item:
Find related papers by JEL classification: C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives D62 - Microeconomics - - Welfare Economics - - - Externalities
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.:
Hall, Bronwyn H. & Mairesse, Jacques, 1995.
"Exploring the relationship between R&D and productivity in French manufacturing firms ,"
Journal of Econometrics ,
Elsevier, vol. 65(1), pages 263-293, January.
[Downloadable!] (restricted)
Other versions: Zvi Griliches, 1958.
"Research Costs and Social Returns: Hybrid Corn and Related Innovations ,"
Journal of Political Economy ,
University of Chicago Press, vol. 66, pages 419.
[Downloadable!] (restricted)
Wolfgang Keller, 1999.
"How Trade Patterns and Technology Flows Affect Productivity Growth ,"
NBER Working Papers
6990, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Keller, Wolfgang, 1997.
"How trade patterns and technology flows affect productivity growth ,"
Policy Research Working Paper Series
1831, The World Bank.
[Downloadable!] Keller, Wolfgang, 2000.
"Do Trade Patterns and Technology Flows Affect Productivity Growth? ,"
World Bank Economic Review ,
Oxford University Press, vol. 14(1), pages 17-47, January.
Edmond, Chris, 2001.
"Some Panel Cointegration Models of International R&D Spillovers ,"
Journal of Macroeconomics ,
Elsevier, vol. 23(2), pages 241-260, April.
[Downloadable!] (restricted)
Zvi Griliches, 1992.
"The Search for R&D Spillovers ,"
NBER Working Papers
3768, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Griliches, Zvi, 1992.
" The Search for R&D Spillovers ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 94(0), pages S29-47, Supplemen.
Zvi Griliches, 1998.
"The Search for R&D Spillovers ,"
NBER Chapters ,
in: R&D and Productivity: The Econometric Evidence, pages 251-268
National Bureau of Economic Research, Inc.
[Downloadable!] Verspagen, Bart, 1997.
"Measuring Intersectoral Technology Spillovers: Estimates from the European and US Patent Office Databases ,"
Economic Systems Research ,
Taylor and Francis Journals, vol. 9(1), pages 47-65, March.
Wolfgang Keller, 2001.
"The Geography and Channels of Diffusion at the World's Technology Frontier ,"
NBER Working Papers
8150, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Jürgen Bitzer, 2005.
"Measuring Knowledge Stocks: A Process of Creative Destruction ,"
Kyklos ,
Blackwell Publishing, vol. 58(3), pages 379-393, 07.
[Downloadable!] (restricted)
Chihwa Kao & Min-Hsien Chiang & Bangtian Chen, 1999.
"International R&D Spillovers: An Application of Estimation and Inference in Panel Cointegration ,"
Center for Policy Research Working Papers
4, Center for Policy Research, Maxwell School, Syracuse University.
[Downloadable!]
Other versions:
Kao, Chihwa & Chiang, Min-Hsien & Chen, Bangtian, 1999.
" International R&D Spillovers: An Application of Estimation and Inference in Panel Cointegration ,"
Oxford Bulletin of Economics and Statistics ,
Department of Economics, University of Oxford, vol. 61(0), pages 691-709, Special I.
[Downloadable!] (restricted) Atella, Vincenzo & Quintieri, Beniamino, 2001.
"Do R&D Expenditures Really Matter for TFP? ,"
Applied Economics ,
Taylor and Francis Journals, vol. 33(11), pages 1385-89, September.
[Downloadable!] (restricted)
Nestor Terleckyj, 1980.
"Direct and Indirect Effects of Industrial Research and Development on the Productivity Growth of Industries ,"
NBER Chapters ,
in: New Developments in Productivity Measurement, pages 357-386
National Bureau of Economic Research, Inc.
[Downloadable!]
Jungsoo Park, 2004.
"International and Intersectoral R&D Spillovers in the OECD and East Asian Economies ,"
Economic Inquiry ,
Oxford University Press, vol. 42(4), pages 739-757, October.
[Downloadable!] (restricted)
David T. Coe & Elhanan Helpman, 1993.
"International R&D Spillovers ,"
IMF Working Papers
93/84, International Monetary Fund.
Other versions:
David T. Coe & Elhanan Helpman, 1995.
"International R&D Spillovers ,"
NBER Working Papers
4444, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Coe, D.T. & Helpman, E., 1993.
"International R&D Spillovers ,"
Papers
5-93, Tel Aviv.
Coe, David T & Helpman, Elhanan, 1993.
"International R&D Spillovers ,"
CEPR Discussion Papers
840, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Coe, David T. & Helpman, Elhanan, 1995.
"International R&D spillovers ,"
European Economic Review ,
Elsevier, vol. 39(5), pages 859-887, May.
[Downloadable!] (restricted) Roberto ESPOSTI & Pierpaolo PIERANI, 2001.
"Building the Knowledge Stock: Lags, Depreciation and Uncertainty in Agricultural R&D ,"
Working Papers
145, Universita' Politecnica delle Marche (I), Dipartimento di Economia.
[Downloadable!]
Zvi Griliches, 1979.
"Issues in Assessing the Contribution of Research and Development to Productivity Growth ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 10(1), pages 92-116, Spring.
[Downloadable!] (restricted)
Other versions: Wolfgang Keller, 1997.
"Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners ,"
NBER Working Papers
6065, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Wolfgang Keller, 1996.
"Are International R&D Spillovers Trade-related? Analyzing Spillovers among Randomly Matched Trade Partners ,"
International Trade
9608002, EconWPA.
[Downloadable!] Keller, Wolfgang, 1998.
"Are international R&D spillovers trade-related?: Analyzing spillovers among randomly matched trade partners ,"
European Economic Review ,
Elsevier, vol. 42(8), pages 1469-1481, September.
[Downloadable!] (restricted) Bart Verspagen, 1997.
"Estimating international technology spillovers using technology flow matrices ,"
Review of World Economics (Weltwirtschaftliches Archiv) ,
Springer, vol. 133(2), pages 226-248, 06.
[Downloadable!] (restricted)
Baltagi, Badi H. & Boozer, Michael A., 1997.
"Econometric Analysis of Panel Data ,"
Econometric Theory ,
Cambridge University Press, vol. 13(05), pages 747-754, October.
[Downloadable!]
Full
references Cited by : (explanations , 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.)
Pedro Mazeda Gil & Óscar Afonso, 2008.
"Technological-Knowledge Dynamics in Lab-Equipment Models of Quality Ladders ,"
FEP Working Papers
283, Universidade do Porto, Faculdade de Economia do Porto.
[Downloadable!]
Alexandre Almeida & Aurora A.C. Teixeira, 2007.
"Does Patenting negatively impact on R&D investment?An international panel data assessment ,"
FEP Working Papers
255, Universidade do Porto, Faculdade de Economia do Porto.
[Downloadable!]
Fabio Montobbio & Valerio Sterzi, 2008.
"Inventing Together: Exploring the Nature of International Knowledge Spillovers in Latin America ,"
CESPRI Working Papers
225, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Nov 2008.
[Downloadable!]
Access and
download statistics Did you know? RePEc stands for Research Papers in Economics.
This page was last updated on 2009-12-2.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .