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Produttività e capitale tecnologico nel settore manifatturiero italiano

  • Aiello Francesco
  • Cardamone Paola
  • Pupo Valeria

This paper estimates the impact of R&D expenditure on productivity at firm level. We use a balanced panel of 385 Italian manufacturing firms in order to provide evidence of the elasticity of capital R&D over the period 1992-1997. We consider an extended production function that includes the firm's own R&D capital stock and the spillover effect as inputs, as well as labour, physical and human capital. Final outcomes confirm the relevance of R&D as a source of growth, the R&D capital elasticity being equal to 0.14.

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Article provided by Società editrice il Mulino in its journal L'industria.

Volume (Year): (2005)
Issue (Month): 1 ()
Pages: 119-146

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Handle: RePEc:mul:j0hje1:doi:10.1430/19611:y:2005:i:1:p:119-146
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  1. Elvio MATTIOLI & Alessandro STERLACCHINI, 1997. "Fonti e risultati dell'attivita' innovativa nell'industria italiana: Un'analisi settoriale," Working Papers 94, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  2. Wakelin, Katharine, 2001. "Productivity growth and R&D expenditure in UK manufacturing firms," Research Policy, Elsevier, vol. 30(7), pages 1079-1090, August.
  3. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343 National Bureau of Economic Research, Inc.
  4. Destefanis, Sergio, 2000. "Differenziali territoriali di produttività ed efficienza e sviluppo dualistico
    [Territorial differences in productivity and efficiency and Italian dualism]
    ," MPRA Paper 62065, University Library of Munich, Germany.
  5. Francesco Aiello & Valeria Pupo, 2004. "Il tasso di rendimento degli investimenti in ricerca e sviluppo delle imprese innovatrici italiane," Rivista di Politica Economica, SIPI Spa, vol. 94(3), pages 81-118, May-June.
  6. Archibugi, Daniele & Cesaratto, Sergio & Sirilli, Giorgio, 1991. "Sources of innovative activities and industrial organization in Italy," Research Policy, Elsevier, vol. 20(4), pages 299-313, August.
  7. Griliches, Zvi, 1986. "Productivity, R&D, and the Basic Research at the Firm Level in the 1970's," American Economic Review, American Economic Association, vol. 76(1), pages 141-54, March.
  8. Sterlacchini Alessandro, 2001. "Il contributo delle grandi e delle piccole imprese al progresso tecnologico," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 95-120.
  9. Jacques Mairesse & Bronwyn H. Hall, 1996. "Estimating the Productivity of Research and Development: An Exploration of GMM Methods Using Data on French & United States Manufacturing Firms," NBER Working Papers 5501, National Bureau of Economic Research, Inc.
  10. Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 13(6), pages 343-373, December.
  11. Brunello, Giorgio & Miniaci, Raffaele, 1999. "The economic returns to schooling for Italian men. An evaluation based on instrumental variables1," Labour Economics, Elsevier, vol. 6(4), pages 509-519, November.
  12. repec:fth:harver:1473 is not listed on IDEAS
  13. Richard C. Levin & Alvin K. Klevorick & Richard R. Nelson & Sidney G. Winter, 1987. "Appropriating the Returns from Industrial Research and Development," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(3), pages 783-832.
  14. Trostel, Philip & Walker, Ian & Woolley, Paul, 2002. "Estimates of the economic return to schooling for 28 countries," Labour Economics, Elsevier, vol. 9(1), pages 1-16, February.
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