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Is Italian R&D spending becoming more efficient?

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  • Andrea Conte

Abstract

Is Italian R&D spending becoming more efficient? - The recent economic downturn is putting increasing pressure on governments to improve the quality of their public finances. Using macro-economic data on R&D expenditures and patents, this paper aims to determine whether business and government R&D spending has become more efficient over time and in comparison to other EU countries. Descriptive evidence is coupled with empirical estimates of cross-country efficiency of R&D expenditure calculated by the Stochastic Frontier Analysis. . Keywords: R&D, patents, efficiency, public finance Parole chiave: R&S, brevetti, efficienza, finanza pubblica. Jel Classification: O33 - H50 - C23

Suggested Citation

  • Andrea Conte, 2009. "Is Italian R&D spending becoming more efficient?," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 36(2), pages 187-198.
    • Handle: RePEc:fan:polipo:v:html10.3280/poli2009-002009
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