Losing The Edge At The Final Frontier: A Relative Decline In Scientific Inputs And Its Consequences
This paper proposes a model of scientific output utilizing a Cobb-Douglas production function. We employ a newly available panel dataset to analyze patterns of investment in research across countries and their consequences for research leadership. Results suggest some evidence that the demographic mix of a country may matter more than previously thought in determining scientific output relative to R&D spending and the existing stock of scientific output.
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Volume (Year): 7 (2007)
Issue (Month): 2 ()
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