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Science, Innovation and National Growth

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  • Brenner, Thomas
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    This paper studies the effects of public research (publications) and innovation output (patents) on national economic growth with the help of a GMM panel regression including 114 countries. Effects on productivity growth and capital and labor inputs are distinguished. Furthermore, different time lags are examined for the various analyzed effects and two time periods as well as less and more developed countries are studied separately. The results confirm the effect of innovation output on productivity for more developed countries. Simultaneously, innovation output is found to have negative impacts on capital and labor inputs, while public research is found to have positive impacts on labor inputs.

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    File URL: https://www.econstor.eu/bitstream/10419/112873/1/VfS_2015_pid_667.pdf
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    Paper provided by Verein für Socialpolitik / German Economic Association in its series Annual Conference 2015 (Muenster): Economic Development - Theory and Policy with number 112873.

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    Date of creation: 2015
    Handle: RePEc:zbw:vfsc15:112873
    Contact details of provider: Web page: http://www.socialpolitik.org/
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