Estimating the innovations impact on country’s economic welfare
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
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.:
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:ris:apltrx:0111. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anatoly Peresetsky)
If references are entirely missing, you can add them using this form.