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R&D and Growth at the Industry Level

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Author Info

  • Cameron, G.

Abstract

Although research and development is widely considered to be an important source of growth, relatively little is known about how its effects differ across industries. This is mainly because much reseach on the effect of R&D has used either cross-section or time-series data and the remainder has mostly looked at the effect of R&D on panels of firms. This paper constructs a heterogeneous dynamic panel data model of total factor productivity in the nineteen sectors of UK Manufacturing between 1972 and 1992.

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Bibliographic Info

Paper provided by Economics Group, Nuffield College, University of Oxford in its series Economics Papers with number 2000-w4.

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Length: 22 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:nuf:econwp:2000-w4

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Web page: http://www.nuff.ox.ac.uk/economics/

Related research

Keywords: ECONOMIC GROWTH ; RESEARCH AND DEVELOPMENT ; MANUFACTURES;

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Cited by:
  1. Chu, Angus C., 2011. "The welfare cost of one-size-fits-all patent protection," Journal of Economic Dynamics and Control, Elsevier, vol. 35(6), pages 876-890, June.
  2. Mahlberg, Bernhard & Freund, Inga & Prskawetz, Alexia, 2011. "Ageing, productivity and wages in Austria: Evidence from a matched employer-employee data set at the sector level," ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 02/2011, Vienna University of Technology, Institute for Mathematical Methods in Economics, Research Group Economics (ECON).
  3. Gehringer, Agnieszka, 2010. "Pecuniary knowledge externalities and innovation: Intersectoral linkages and their effects beyond technological spillovers," Center for European, Governance and Economic Development Research Discussion Papers 100, University of Goettingen, Department of Economics.

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