An improved theoretical ground for the linear feedback model and a new indicator
AbstractThis paper describes a lucid theoretical ground for the linear feedback model proposed by Blundell et al. (2002) and further proposes the indicator on the initial knowledge storage in the framework of the linear feedback model. The values of the indicator are calculated with the estimation results conducted by Blundell et al. (2002). Further, the GMM estimations of the linear feedback model are conducted by using the stationarity moment conditions customized to needs of count panel data, in order to calculate the values of the indicator.
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Bibliographic InfoPaper provided by Kyushu Sangyo University, Faculty of Economics in its series Discussion Papers with number 58.
Length: 22 pages
Date of creation: Dec 2012
Date of revision:
linear feedback model; knowledge production; initial knowledge storage; patents-R&D relationship; GMM;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-22 (All new papers)
- NEP-CSE-2012-12-22 (Economics of Strategic Management)
- NEP-ECM-2012-12-22 (Econometrics)
- NEP-INO-2012-12-22 (Innovation)
- NEP-IPR-2012-12-22 (Intellectual Property Rights)
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