頁籤選單縮合
題名 | R&D Capital and Productivity Growth in Industrial Countries= |
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作者 | Lee, Jeong Yeon; Kim, Jung Woo; |
期刊 | Asia Pacific Management Review |
出版日期 | 20060400 |
卷期 | 11:2 民95.04 |
頁次 | 頁103-109 |
分類號 | 555.9 |
語文 | eng |
關鍵詞 | Malmquist index; Productivity; R&D; |
英文摘要 | In this paper we incorporate R&D capital explicitly into the analysis of total factor productivity growth. The introduction of R&D capital as an input variable in addition to labor and fixed capital tends to reduce our estimate of Malmquist indexes for a sample of 14 OECD countries, on average, by 10 percent. Our findings indicate that it is technological progress rather than efficiency catch-up that is driven by the accumulation of R&D capital. We also find that productivity gains in manufacturing industries depend importantly on R&D spillovers. |
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