Does results and development (R&D) contribute to economic growth in developing countries?
AbstractUsing UNESCO data for research and development (R&D) expenditures and personnel, the authors document international differences in R&D activities and assess the determinants of these differences and the link between R&D and economic growth. For a group of OECD countries, R&D activity and economic growth are correlated for one of their two proxies. Contrary to the findings of Romer and Lichtenberg, however, they are not correlated across all (including developing) countries. Moreover, even for OECD countries, it appears likely that economic activity affects R&D activity rather than vice versa. First, there is no evidence that R&D in the OECD in the early years of 1970-85 contributed to growth during the whole period. Second, the analysis of determinants of R&D activities suggests that level of income affects R&D activities; apparently R&D becomes important only after a country reaches a certain stage of development. For developing countries, the authors'results are consistent with the widespread view, first proposed by Gershenkron, that countries that are behind grow by catching up technologically, not by advancing the technological frontier.
Download InfoIf 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.
Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 1221.
Date of creation: 30 Nov 1993
Date of revision:
Science Education; Scientific Research&Science Parks; Research and Development; Achieving Shared Growth; Economic Theory&Research;
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.:
- William Easterly, 1995.
"Explaining Miracles: Growth Regressions Meet the Gang of Four,"
in: Growth Theories in Light of the East Asian Experience, NBER-EASE Volume 4, pages 267-299
National Bureau of Economic Research, Inc.
- Easterly, William & DEC, 1994. "Explaining miracles : growth regressions meet the Gang of Four," Policy Research Working Paper Series 1250, The World Bank.
- Levine, Ross & Renelt, David, 1991.
"A sensitivity analysis of cross-country growth regressions,"
Policy Research Working Paper Series
609, The World Bank.
- Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September.
- Mankiw, N Gregory & Romer, David & Weil, David N, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 107(2), pages 407-37, May.
- Baumol, William J & Wolff, Edward N, 1988. "Productivity Growth, Convergence, and Welfare: Reply," American Economic Review, American Economic Association, vol. 78(5), pages 1155-59, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi).
If references are entirely missing, you can add them using this form.