Advanced Search
MyIDEAS: Login to save this paper or follow this series

Measuring the Returns to R&D

Contents:

Author Info

  • Hall, Bronwyn H.

    ()
    (University of California at Berkeley, UNU-MERIT, and Maastricht University)

  • Mairesse, Jacques

    ()
    (UNU-MERIT, Maastricht University, and CREST)

  • Mohnen, Pierre

    ()
    (UNU-MERIT, Maastricht University, and CIRANO)

Abstract

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the major results that have been obtained and conclude with a presentation of R&D spillover returns measurement. In general, the private returns to R&D are strongly positive and somewhat higher than those for ordinary capital, while the social returns are even higher, although variable and imprecisely measured in many cases.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. 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.
File URL: http://www.merit.unu.edu/publications/wppdf/2010/wp2010-006.pdf
Download Restriction: no

Bibliographic Info

Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 006.

as in new window
Length:
Date of creation: 2010
Date of revision:
Handle: RePEc:unm:unumer:2010006

Contact details of provider:
Postal: P.O. Box 616, 6200 MD Maastricht
Phone: (31) (0)43 3883875
Fax: (31) (0)43 3216518
Web page: http://www.merit.unu.edu/
More information through EDIRC

Related research

Keywords: returns to R&D; innovation; social returns; spillovers;

Other versions of this item:

Find related papers by JEL classification:

References

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.:
as in new window
  1. Bronwyn H. Hall & Zvi Griliches & Jerry A. Hausman, 1984. "Patents and R&D: Is There A Lag?," NBER Working Papers 1454, National Bureau of Economic Research, Inc.
  2. Bronwyn H. Hall, 2007. "Measuring the Returns to R&D: The Depreciation Problem," NBER Working Papers 13473, National Bureau of Economic Research, Inc.
  3. Bayoumi, T. & Coe, D.T. & Helpman, E., 1996. "R&D Spillovers and Global Growth," Papers, Tel Aviv 14-96, Tel Aviv.
  4. Griliches, Zvi, 1980. "R & D and the Productivity Slowdown," American Economic Review, American Economic Association, American Economic Association, vol. 70(2), pages 343-48, May.
  5. Carol Corrado & Charles Hulten & Daniel Sichel, 2006. "Intangible capital and economic growth," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2006-24, Board of Governors of the Federal Reserve System (U.S.).
  6. Ortega-Argilés, Raquel & Piva, Mariacristina & Potters, Lesley & Vivarelli, Marco, 2009. "Is Corporate R&D Investment in High-Tech Sectors More Effective? Some Guidelines for European Research Policy," IZA Discussion Papers 3945, Institute for the Study of Labor (IZA).
  7. Dietmar Harhoff, 1998. "R&D and Productivity in German Manufacturing Firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 6(1), pages 29-50.
  8. Mika Maliranta & Pierre Mohnen & Petri Rouvinen, 2009. "Is inter-firm labor mobility a channel of knowledge spillovers? Evidence from a linked employer--employee panel," Industrial and Corporate Change, Oxford University Press, vol. 18(6), pages 1161-1191, December.
  9. Nicholas Bloom & Mark Schankerman & John Van Reenen, 2005. "Identifying Technology Spillovers and Product Market Rivalry," CEP Discussion Papers, Centre for Economic Performance, LSE dp0675, Centre for Economic Performance, LSE.
  10. Gavin Cameron, 1999. "Why did UK manufacturing productivity growth slow down in the 1970s and speed up in the 1980s," Economics Series Working Papers, University of Oxford, Department of Economics 1999-W24, University of Oxford, Department of Economics.
  11. Bernstein, Jeffrey I. & Nadiri, M. Ishaq, 1988. "Research and Development and Intraindustry Spillovers: An Empirical Application of Dynamic Duality," Working Papers, C.V. Starr Center for Applied Economics, New York University 88-06, C.V. Starr Center for Applied Economics, New York University.
  12. Griliches, Zvi, 1992. " The Search for R&D Spillovers," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 94(0), pages S29-47, Supplemen.
  13. Raquel Ortega-Argilés & Maria-Cristina Piva & Lesley Potters & Marco Vivarelli, 2009. "Is Corporate R&D Investment in High-tech Sectors more Efficient? Some Guidelines for European Research Policy," JRC-IPTS Working Papers on Corporate R&D and Innovation, Institute of Prospective Technological Studies, Joint Research Centre 2009-9, Institute of Prospective Technological Studies, Joint Research Centre.
  14. Henri CAPRON & Michele CINCERA, 1998. "Exploring the Spillover Impact on Productivity of World-Wide Manufacturing Firms," Annales d'Economie et de Statistique, ENSAE, issue 49-50, pages 565-587.
  15. Ornaghi, Carmine, 2006. "Spillovers in product and process innovation: Evidence from manufacturing firms," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 24(2), pages 349-380, March.
  16. Jeffrey I. Bernstein & Xiaoyi Yan, 1995. "International R&D Spillovers between Canadian and Japanese Industries," NBER Working Papers 5401, National Bureau of Economic Research, Inc.
  17. G. Steven Olley & Ariel Pakes, 1992. "The Dynamics of Productivity in the Telecommunications Equipment Industry," NBER Working Papers 3977, National Bureau of Economic Research, Inc.
  18. Keller, Wolfgang, 2002. "International Technology Diffusion," CEPR Discussion Papers, C.E.P.R. Discussion Papers 3133, C.E.P.R. Discussion Papers.
  19. Hanel, Peter, 1988. "L’effet des dépenses en R&D sur la productivité de travail au Québec," L'Actualité Economique, Société Canadienne de Science Economique, Société Canadienne de Science Economique, vol. 64(3), pages 396-415, septembre.
  20. Fabienne Fecher, 1992. "Croissance de la productivité, rattrapage et innovation : une analyse des secteurs manufacturiers de l'Ocde," Économie et Prévision, Programme National Persée, Programme National Persée, vol. 102(1), pages 117-127.
  21. Mark Rogers, 2010. "R&D and productivity: using UK firm-level data to inform policy," Empirica, Springer, Springer, vol. 37(3), pages 329-359, July.
  22. Carol Corrado & Charles Hulten & Daniel Sichel, 2005. "Measuring Capital and Technology: An Expanded Framework," NBER Chapters, National Bureau of Economic Research, Inc, in: Measuring Capital in the New Economy, pages 11-46 National Bureau of Economic Research, Inc.
  23. Nadiri, M Ishaq, 1980. "Sectoral Productivity Slowdown," American Economic Review, American Economic Association, American Economic Association, vol. 70(2), pages 349-52, May.
  24. Zvi Griliches, 1984. "Market Value, R&D, and Patents," NBER Chapters, National Bureau of Economic Research, Inc, in: R & D, Patents, and Productivity, pages 249-252 National Bureau of Economic Research, Inc.
  25. Rachel Griffith & Rupert Harrison & John Van Reenen, 2004. "How Special is the Special Relationship? Using the Impact of US R&D Spillovers on UK Firms as a Test of Technology Sourcing," CEP Discussion Papers, Centre for Economic Performance, LSE dp0659, Centre for Economic Performance, LSE.
  26. Richard C. Levin & Peter C. Reiss, 1988. "Cost-Reducing and Demand-Creating R&D with Spillovers," RAND Journal of Economics, The RAND Corporation, vol. 19(4), pages 538-556, Winter.
  27. Wolfgang Keller, 1996. "Are International R&D Spillovers Trade-related? Analyzing Spillovers among Randomly Matched Trade Partners," International Trade, EconWPA 9608002, EconWPA.
  28. Jeffrey I. Bernstein & M. Ishaq Nadiri, 1988. "Rates Of Return On Physical And R&D Capital And Structure Of The Production Process: Cross Section And Time Series Evidence," NBER Working Papers 2570, National Bureau of Economic Research, Inc.
  29. Gustavo Crespi & Chiara Criscuolo & Jonathan Haskel & Matthew Slaughter, 2007. "Productivity Growth, Knowledge Flows and Spillovers," CEP Discussion Papers, Centre for Economic Performance, LSE dp0785, Centre for Economic Performance, LSE.
  30. Klette, T.J. & Griliches, Z., 1998. "Empirical Patterns of Firm Growth and R&D Investment: a Quality Ladder Model Interpretation," Memorandum, Oslo University, Department of Economics 23/1998, Oslo University, Department of Economics.
  31. Jeffrey Bernstein & Xiaoyi Yan, 1996. "Canadian-Japanese R&D spillovers and productivity growth," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 3(12), pages 763-767.
  32. Tetsuji Yamada & Tadashi Yamada & Guorn Liu, 1991. "Labor Productivity and Market Competition in Japan," NBER Working Papers 3800, National Bureau of Economic Research, Inc.
  33. M. Ishaq Nadiri & Seongjun Kim, 1996. "R&D, Production Structure and Productivity Growth: A Comparison of the US, Japanese and Korean Manufacturing Sectors," NBER Working Papers 5506, National Bureau of Economic Research, Inc.
  34. Stephen Bond & Dietmar Harhoff & John Van Reenen, 2003. "Corporate R&D and productivity in Germany and the United Kingdom," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 770, London School of Economics and Political Science, LSE Library.
  35. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 98(4), pages 673-702, August.
  36. Jeffrey I. Bernstein, 1988. "Costs of Production, Intra- and Interindustry R&D Spillovers: Canadian Evidence," Canadian Journal of Economics, Canadian Economics Association, Canadian Economics Association, vol. 21(2), pages 324-47, May.
  37. Hanel, P., 1995. "R&D, Inter-Industry and International SPillovers of Technology and the total Factor Productivity Growth of Manufacturing Industries in Canada, 1974-1989," Papers, Quebec a Montreal - C.R.E.D.I.T. 95-01, Quebec a Montreal - C.R.E.D.I.T..
  38. Ishaq Nadiri & Pierre Mohnen, 1985. "Demande de facteurs et recherche-développement : estimations pour les Etats-Unis, le Japon, l'Allemagne et la France," Revue Économique, Programme National Persée, Programme National Persée, vol. 36(5), pages 943-974.
  39. Minasian, Jora R, 1969. "Research and Development, Production Functions, and Rates of Return," American Economic Review, American Economic Association, American Economic Association, vol. 59(2), pages 80-85, May.
  40. Griliches, Zvi, 1994. "Productivity, R&D, and the Data Constraint," American Economic Review, American Economic Association, American Economic Association, vol. 84(1), pages 1-23, March.
  41. Link, Albert N., 1983. "Inter-firm technology flows and productivity growth," Economics Letters, Elsevier, Elsevier, vol. 11(1-2), pages 179-184.
  42. Bernstein, Jeffrey I, 1989. "The Structure of Canadian Inter-industry R&D Spillovers, and the Rates of Return to R&D," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 37(3), pages 315-28, March.
  43. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, American Economic Association, vol. 79(5), pages 957-70, December.
  44. Jeffrey Bernstein & Ishaq Nadiri, 1988. "Interindustry R&D Spillovers, Rates of Return, and Production in High-Tech Industries," Carleton Industrial Organization Research Unit (CIORU), Carleton University, Department of Economics 88-01, Carleton University, Department of Economics.
  45. Zvi Griliches, 1998. "R&D and Productivity: The Econometric Evidence," NBER Books, National Bureau of Economic Research, Inc, National Bureau of Economic Research, Inc, number gril98-1.
  46. Pakes, Ariel, 1985. "On Patents, R&D, and the Stock Market Rate of Return," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 93(2), pages 390-409, April.
  47. Bernstein, Jeffrey I. & Mamuneas, Theofanis P., 2006. "R&D depreciation, stocks, user costs and productivity growth for US R&D intensive industries," Structural Change and Economic Dynamics, Elsevier, Elsevier, vol. 17(1), pages 70-98, January.
  48. James D. Adams & Adam B. Jaffe, 1996. "Bounding the Effects of R&D: An Investigation Using Matched Establishment-Firm Data," RAND Journal of Economics, The RAND Corporation, vol. 27(4), pages 700-721, Winter.
  49. Jaffe, Adam B, 1986. "Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits, and Market Value," American Economic Review, American Economic Association, American Economic Association, vol. 76(5), pages 984-1001, December.
  50. Geroski, Paul A, 1989. "Entry, Innovation and Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 71(4), pages 572-78, November.
  51. Nooteboom, B. & Vanheverbeke, W.P.M. & Duysters, G.M. & Gilsing, V.A. & Oord van den, A,J,, 2005. "Optimal cognitive distance and absorptive capacity," Eindhoven Center for Innovation Studies (ECIS) working paper series, Eindhoven Center for Innovation Studies (ECIS) 05.05, Eindhoven Center for Innovation Studies (ECIS).
  52. Peters, Bettina & Lööf, Hans & Janz, Norbert, 2003. "Firm Level Innovation and Productivity: Is there a Common Story Across Countries?," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 03-26, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  53. Griliches, Zvi, 1986. "Productivity, R&D, and the Basic Research at the Firm Level in the 1970's," American Economic Review, American Economic Association, American Economic Association, vol. 76(1), pages 141-54, March.
  54. Fisher, Franklin M & McGowan, John J, 1983. "On the Misuse of Accounting Rates of Return to Infer Monopoly Profits," American Economic Review, American Economic Association, American Economic Association, vol. 73(1), pages 82-97, March.
  55. Jeffrey I. Bernstein & M. Ishaq Nadiri, 1991. "Product Demand, Cost of Production, Spillovers, and the Social Rate of Return to R&D," NBER Working Papers 3625, National Bureau of Economic Research, Inc.
  56. Jacques Mairesse & Philippe Cunéo, 1985. "Recherche-développement et performances des entreprises : une étude économétrique sur données individuelles," Revue Économique, Programme National Persée, Programme National Persée, vol. 36(5), pages 1001-1042.
  57. Mansfield, Edwin, 1988. "Industrial R&D in Japan and the United States: A Comparative Study," American Economic Review, American Economic Association, American Economic Association, vol. 78(2), pages 223-28, May.
  58. Hall, Bronwyn H., 1993. "Industrial Research During the 1980s: Did the Rate of Return Fall?," Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley qt33d879r9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  59. Hans van Meijl, 1997. "Measuring Intersectoral Spillovers: French Evidence," Economic Systems Research, Taylor & Francis Journals, Taylor & Francis Journals, vol. 9(1), pages 25-46.
  60. Jeffrey BERNSTEIN, 1998. "Factor Intensities, Rates of Return, and International R&D Spillovers: The Case of Canadian and U.S. Industries," Annales d'Economie et de Statistique, ENSAE, issue 49-50, pages 541-564.
  61. Mario Kafouros, 2005. "R&D and productivity growth: Evidence from the UK," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(6), pages 479-497.
  62. Sveikauskas, Leo, 1981. "Technological Inputs and Multifactor Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 63(2), pages 275-82, May.
  63. Kaiser, Ulrich, 1999. "Measuring Knowledge Spillovers in Manufacturing and Services: An Empirical Assessment of Alternative Approaches," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 99-62, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  64. Bart Verspagen, 1997. "Estimating international technology spillovers using technology flow matrices," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 133(2), pages 226-248, 06.
  65. Mansfield, Edwin, et al, 1977. "Social and Private Rates of Return from Industrial Innovations," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 91(2), pages 221-40, May.
  66. Leo Sveikauskas, 2007. "R&D and Productivity Growth: A Review of the Literature," Working Papers, U.S. Bureau of Labor Statistics 408, U.S. Bureau of Labor Statistics.
  67. Zvi Griliches & Jerry A. Hausman, 1984. "Errors in Variables in Panel Data," NBER Technical Working Papers, National Bureau of Economic Research, Inc 0037, National Bureau of Economic Research, Inc.
  68. Bronwyn H. Hall & Jacques Mairesse, 1992. "Exploring the Relationship Between R&D and Productivity in French Manufacturing Firms," NBER Working Papers 3956, National Bureau of Economic Research, Inc.
  69. Mohnen, Pierre & Lepine, Normand, 1991. "R&D, R&D spillovers and payments for technology: Canadian evidence," Structural Change and Economic Dynamics, Elsevier, Elsevier, vol. 2(1), pages 213-228, June.
  70. Petri Rouvinen, 2002. "The existence of R&D spillovers: A cost function estimation with random coefficients," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(6), pages 525-541.
  71. Jurgen Bitzer & Andreas Stephan, 2007. "A Schumpeter-inspired approach to the construction of R&D capital stocks," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 39(2), pages 179-189.
  72. Bruno Van Pottelsberghe & Frank Lichtenberg, 2001. "Does foreign direct investment transfer technology across borders?," ULB Institutional Repository 2013/6221, ULB -- Universite Libre de Bruxelles.
  73. André Torre, 1990. "Quand les économistes mesurent l'intangible," Revue d'Économie Industrielle, Programme National Persée, Programme National Persée, vol. 53(1), pages 87-98.
  74. Trajtenberg, Manuel, 1989. "The Welfare Analysis of Product Innovations, with an Application to Computed Tomography Scanners," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 97(2), pages 444-79, April.
  75. Jacques MAIRESSE & Pierre MOHNEN & Elizabeth KREMP, 2005. "The Importance of R&D and Innovation for Productivity: A Reexamination in Light of the 2000 French Innovation Survey," Annales d'Economie et de Statistique, ENSAE, issue 79-80, pages 487-527.
  76. F. M. Scherer, 1965. "Corporate Inventive Output, Profits, and Growth," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 73, pages 290.
  77. Falvey, Rod & Foster, Neil & Greenaway, David, 2004. "Imports, exports, knowledge spillovers and growth," Economics Letters, Elsevier, Elsevier, vol. 85(2), pages 209-213, November.
  78. Jaffe, Adam B, 1988. "Demand and Supply Influences in R&D Intensity and Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 70(3), pages 431-37, August.
  79. Jiann-Chyuan Wang & Kuen-Hung Tsai, 2003. "Productivity Growth and R&D Expenditure in Taiwan's Manufacturing Firms," NBER Working Papers 9724, National Bureau of Economic Research, Inc.
  80. Suzuki, Kazuyuki, 1993. "R&D spillovers and technology transfer among and within vertical keiretsu groups : Evidence from the Japanese electrical machinery industry," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 11(4), pages 573-591.
  81. Bruno Crepon & Emmanuel Duguet & Jacques Mairessec, 1998. "Research, Innovation And Productivi[Ty: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
  82. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, National Bureau of Economic Research, Inc, in: R&D and Productivity: The Econometric Evidence, pages 17-45 National Bureau of Economic Research, Inc.
  83. repec:fth:inseep:9833 is not listed on IDEAS
  84. Wolff, Edward N. & Ishaq Nadiri, M., 1993. "Spillover effects, linkage structure, and research and development," Structural Change and Economic Dynamics, Elsevier, Elsevier, vol. 4(2), pages 315-331, December.
  85. Jacques Mairesse & Mohamed Sassenou, 1991. "R&D Productivity: A Survey of Econometric Studies at the Firm Level," NBER Working Papers 3666, National Bureau of Economic Research, Inc.
  86. Mohamed Sassenou & Jacques Mairesse, 1989. "Les facteurs qualitatifs de la productivité : un essai d'évaluation," Économie et Prévision, Programme National Persée, Programme National Persée, vol. 91(5), pages 35-42.
  87. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 66, pages 419.
  88. Giuseppe Medda & Claudio Piga & Donald S. Siegel, 2003. "On the Relationship between R&D and Productivity: a Treatment Effect Analysis," Rensselaer Working Papers in Economics, Rensselaer Polytechnic Institute, Department of Economics 0307, Rensselaer Polytechnic Institute, Department of Economics.
  89. Weisbrod, Burton A, 1971. "Costs and Benefits of Medical Research: A Case Study of Poliomyelitis," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 79(3), pages 527-44, May-June.
  90. Paul Almeida & Bruce Kogut, 1999. "Localization of Knowledge and the Mobility of Engineers in Regional Networks," Management Science, INFORMS, INFORMS, vol. 45(7), pages 905-917, July.
  91. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1992. "Real Effects of Academic Research: Comment," American Economic Review, American Economic Association, American Economic Association, vol. 82(1), pages 363-67, March.
  92. Zvi Griliches, 1998. "Productivity, R&D, and Basic Research at the Firm Level in the 1970s," NBER Chapters, National Bureau of Economic Research, Inc, in: R&D and Productivity: The Econometric Evidence, pages 82-99 National Bureau of Economic Research, Inc.
  93. Perelman, Sergio, 1995. "R&D, Technological Progress and Efficiency Change in Industrial Activities," Review of Income and Wealth, International Association for Research in Income and Wealth, International Association for Research in Income and Wealth, vol. 41(3), pages 349-66, September.
  94. Michele Cincera & Bruno Van Pottelsberghe, 2001. "International R&D spillovers: a survey," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, ULB -- Universite Libre de Bruxelles, vol. 169(169), pages 3-31.
  95. Leonard, William N, 1971. "Research and Development in Industrial Growth," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 79(2), pages 232-56, March-Apr.
  96. Hall, Bronwyn H & Griliches, Zvi & Hausman, Jerry A, 1986. "Patents and R and D: Is There a Lag?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(2), pages 265-83, June.
  97. Raut, Lakshmi K., 1995. "R & D spillover and productivity growth: Evidence from Indian private firms," Journal of Development Economics, Elsevier, Elsevier, vol. 48(1), pages 1-23, October.
  98. Sang V Nguyen & Edward C Kokkelenberg, 1991. "Measuring Total Factor Productivity, Technical Change And The Rate Of Returns To Research And Development," Working Papers, Center for Economic Studies, U.S. Census Bureau 91-3, Center for Economic Studies, U.S. Census Bureau.
  99. Richard Blundell & Steve Bond, 1999. "GMM estimation with persistent panel data: an application to production functions," IFS Working Papers, Institute for Fiscal Studies W99/04, Institute for Fiscal Studies.
  100. M. Ishaq Nadiri, 1980. "Sectoral Productivity Slowdown," NBER Working Papers 0423, National Bureau of Economic Research, Inc.
  101. M. Ishaq Nadiri, 1993. "Innovations and Technological Spillovers," NBER Working Papers 4423, National Bureau of Economic Research, Inc.
  102. Scherer, F M, 1982. "Inter-Industry Technology Flows and Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 627-34, November.
  103. Sanders Korenman & David Neumark, 1992. "Marriage, Motherhood, and Wages," Journal of Human Resources, University of Wisconsin Press, vol. 27(2), pages 233-255.
  104. Crepon, B. & Duguet, E. & Mairesse, J., 1998. "Research Investment, Innovation and Productivity: An Econometric Analysis at the Firm Level," Papiers d'Economie Mathématique et Applications, Université Panthéon-Sorbonne (Paris 1) 98.15, Université Panthéon-Sorbonne (Paris 1).
  105. Hall, Robert E, 1988. "The Relation between Price and Marginal Cost in U.S. Industry," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 96(5), pages 921-47, October.
  106. Mansfield, Edwin, 1980. "Basic Research and Productivity Increase in Manufacturing," American Economic Review, American Economic Association, American Economic Association, vol. 70(5), pages 863-73, December.
  107. DUGUET Emmanuel, 2004. "Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing," Development and Comp Systems 0411017, EconWPA.
  108. Jeffrey I. Bernstein & Pierre Mohnen, 1994. "International R & D Spillovers between U.S. and Japanese R & D intensive sectors," Cahiers de recherche du Département des sciences économiques, UQAM, Université du Québec à Montréal, Département des sciences économiques 9406, Université du Québec à Montréal, Département des sciences économiques.
  109. Tor Jakob Klette, 1994. "R&D, Scope Economies and Company Structure: A "Not-so-Fixed Effect" Model of Plant Performance," Discussion Papers, Research Department of Statistics Norway 120, Research Department of Statistics Norway.
  110. David T. Coe & Elhanan Helpman & Alexander W. Hoffmaister, 2008. "International R&D Spillovers and Institutions," NBER Working Papers 14069, National Bureau of Economic Research, Inc.
  111. Giovanni Peri, 2004. "Knowledge Flows and Productivity," Rivista di Politica Economica, SIPI Spa, SIPI Spa, vol. 94(2), pages 21-59, March-Apr.
  112. Corinne Autant-Bernard & Jacques Mairesse & Nadine Massard, 2007. "Spatial knowledge diffusion through collaborative networks," Papers in Regional Science, Wiley Blackwell, Wiley Blackwell, vol. 86(3), pages 341-350, 08.
  113. Jeffrey I. Bernstein, 1996. "International R&D Spillovers between Industries in Canada and the United States, Social Rates of Return and Productivity Growth," Canadian Journal of Economics, Canadian Economics Association, Canadian Economics Association, vol. 29(s1), pages 463-67, April.
  114. Jacques Mairesse & Pierre Mohnen, 1990. "Recherche-Développement et productivité : un survol de la littérature économétrique," Économie et Statistique, Programme National Persée, Programme National Persée, vol. 237(1), pages 99-108.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:unm:unumer:2010006. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ad Notten).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.