International Differences in R&D: An Empirical Investigation of a "Quality Ladder" Implication
AbstractR&D varies substantially across countries. By introducing the profit motive into R&D, the "quality ladder" growth model implies an inverse relationship between the national activity levels of R&D and unit costs of R&D. This inverse relationship is supported by findings from a data set of direct measures and a second data set that contains measures based on the R&D content of international trade.
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Bibliographic InfoPaper provided by University of Toronto, Department of Economics in its series Working Papers with number ecpap-95-01.
Length: 21 pages
Date of creation: 01 Dec 1994
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International R&D Competition; R&D Content of Trade;
Find related papers by JEL classification:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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