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R&D and Growth at the Industry Level

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  • Cameron, G.

Abstract

Although research and development is widely considered to be an important source of growth, relatively little is known about how its effects differ across industries. This is mainly because much reseach on the effect of R&D has used either cross-section or time-series data and the remainder has mostly looked at the effect of R&D on panels of firms. This paper constructs a heterogeneous dynamic panel data model of total factor productivity in the nineteen sectors of UK Manufacturing between 1972 and 1992.

Suggested Citation

  • Cameron, G., 2000. "R&D and Growth at the Industry Level," Economics Papers 2000-w4, Economics Group, Nuffield College, University of Oxford.
  • Handle: RePEc:nuf:econwp:2000-w4
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    References listed on IDEAS

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    Cited by:

    1. Agnieszka Gehringer, 2011. "Pecuniary knowledge externalities and innovation: intersectoral linkages and their effects beyond technological spillovers," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(5), pages 495-515.
    2. Chu, Angus C., 2011. "The welfare cost of one-size-fits-all patent protection," Journal of Economic Dynamics and Control, Elsevier, vol. 35(6), pages 876-890, June.
    3. Mahlberg, Bernhard & Freund, Inga & Prskawetz, Alexia, 2011. "Ageing, productivity and wages in Austria: Evidence from a matched employer-employee data set at the sector level," ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 02/2011, Vienna University of Technology, Institute for Mathematical Methods in Economics, Research Group Economics (ECON).

    More about this item

    Keywords

    ECONOMIC GROWTH ; RESEARCH AND DEVELOPMENT ; MANUFACTURES;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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