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Modelling and Measuring Scientific Production: Results for a Panel of OECD Countries

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Abstract

This paper presents results from employing an econometric approach to examine the determinants of scientific production at cross-country level. The aim of this paper is not to provide accurate and robust estimates of investment elasticities (a doubtful task given the poor quality of the data sources and the modelling problems), but to develop and critically assess the validity of an empirical approach for characterising the production of science and its impact from a comparative perspective. We employ and discuss the limitations of a production function approach to relate investment inputs to scientific outputs using a sample of 14 countries for which we have information about Higher Education Research and Development (HERD). The outputs are taken from the Thomson ISI® National Science Indicators (2002) database on published papers and citations. The inputs and outputs for this sample of countries have been recorded for a period of 21 years (1981-2002). A thorough discussion of data shortcomings is presented in this paper. On the basis of this panel dataset we investigate the profile of the time lag between the investment in HERD and the research output and the returns to national investment in science. We devote particular attention to analysis of the presence of cross-country spillovers. We show their relevance and underline the international effect of the US system.

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File URL: http://www.sussex.ac.uk/spru/documents/sewp133.pdf
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Bibliographic Info

Paper provided by SPRU - Science and Technology Policy Research, University of Sussex in its series SPRU Working Paper Series with number 133.

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Length: 28 pages
Date of creation: 19 Apr 2005
Date of revision:
Handle: RePEc:sru:ssewps:133

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Keywords: productivity of science; lag structure; returns to HERD investment; international spillovers;

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References

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  1. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
  2. Geuna, Aldo & Anthony Arundel, 2003. "Proximity and the Use of Public Science by Innovate European Firms," Royal Economic Society Annual Conference 2003 86, Royal Economic Society.
  3. Dominique Guellec & Bruno van Pottelsberghe de la Potterie, 2001. "R&D and Productivity Growth: Panel Data Analysis of 16 OECD Countries," OECD Economic Studies, OECD Publishing, vol. 2001(2), pages 103-126.
  4. Hall, Bronwyn H & Jaffe, Adam B & Trajtenberg, Manuel, 2001. "The NBER Patent Citations Data File: Lessons, Insights and Methodological Tools," CEPR Discussion Papers 3094, C.E.P.R. Discussion Papers.
  5. Johnes, Jill & Johnes, Geraint, 1995. "Research funding and performance in U.K. University Departments of Economics: A frontier analysis," Economics of Education Review, Elsevier, vol. 14(3), pages 301-314, September.
  6. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 673-702, August.
  7. Andrea Bonaccorsi & Cinzia Daraio, 2003. "A robust nonparametric approach to the analysis of scientific productivity," Research Evaluation, Oxford University Press, vol. 12(1), pages 47-69, April.
  8. Fisher, Franklin M, 1969. "The Existence of Aggregate Production Functions," Econometrica, Econometric Society, vol. 37(4), pages 553-77, October.
  9. Jesus Felipe & Franklin M. Fisher, 2003. "Aggregation in Production Functions: What Applied Economists should Know," Metroeconomica, Wiley Blackwell, vol. 54(2-3), pages 208-262, 05.
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Cited by:
  1. Jose Miguel Benavente & Gustavo Crespi & Lucas Figal Garone & Alessandro Maffioli, 2012. "The Impact of National Research Funds: A Regression Discontinuity Approach to the Chilean FONDECYT," Working Papers wp356, University of Chile, Department of Economics.
  2. Diego Ubfal & Alessandro Maffioli, 2010. "The Impact of Funding on Research Collaboration: Evidence from Argentina," IDB Publications 9395, Inter-American Development Bank.
  3. Okey K. N. Mawussé, 2013. "Institutions and scientific research in Africa," Economics Bulletin, AccessEcon, vol. 33(2), pages 1487-1503.
  4. José Miguel Benavente & Gustavo Crespi & Alessandro Maffioli, 2007. "The Impact of National Research Funds: An Evaluation of the Chilean FONDECYT," OVE Working Papers 0307, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
  5. Ubfal, Diego & Maffioli, Alessandro, 2011. "The impact of funding on research collaboration: Evidence from a developing country," Research Policy, Elsevier, vol. 40(9), pages 1269-1279.
  6. Crespi, Gustavo A. & Geuna, Aldo, 2008. "An empirical study of scientific production: A cross country analysis, 1981-2002," Research Policy, Elsevier, vol. 37(4), pages 565-579, May.

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