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Estimating the innovations impact on country’s economic welfare

  • Borisova, Ekaterina Yu.

    ()

    (HSE, Moscow)

Registered author(s):

    The article describes estimating method of innovation impact on welfare of country Applied within the method model represents the translog function for GDP per capita, which describing parameters contain, along with «clas-sic» macro-indicators, innovative development indicators of country Constructed by principal component method innovative development indicators approximate innovativeness of two production factors — labor resources of country and its capital Calculations are based on International Institute for Management Development annual data Implied for several countries’ clusters the model reveals the dependence and the impact of arrangements for in-creasing country’s innovativeness on its welfare

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    File URL: http://pe.cemi.rssi.ru/pe_2010_2_78-89.pdf
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    Article provided by Publishing House "SINERGIA PRESS" in its journal Applied Econometrics.

    Volume (Year): 18 (2010)
    Issue (Month): 2 ()
    Pages: 78-89

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    Handle: RePEc:ris:apltrx:0111
    Contact details of provider: Web page: http://appliedeconometrics.cemi.rssi.ru/

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    1. Jacques Mairesse & Pierre Mohnen, 2002. "Accounting for Innovation and Measuring Innovativeness: An Illustrative Framework and an Application," American Economic Review, American Economic Association, vol. 92(2), pages 226-230, May.
    2. Айвазян С.А., 2003. "К Методологии Измерения Синтетических Категорий Качества Жизни Населения," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 39(2), апрель.
    3. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
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