Do R&amp;D expenditures really matter for TFP?

Atella, Vincenzo; Quintieri, Beniamino

doi:10.1080/00036840010007939

Cited by 28 publications

(10 citation statements)

References 11 publications

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“…Nevertheless, through an application to the Italian economy, Atella and Quintieri (2001) show that this relationship depend on the measures of Solow´s residual and on the aggregation level of the analysis. [ Figure 2]…”

Section: Technical Progress and Scientific Knowledge In The Leading Ementioning

confidence: 99%

Economic growth in a world of ideas: the US and the leading European countries

Myro¹,

Colino²,

Pérez³

2008

Applied Economics

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Section: Technical Progress and Scientific Knowledge In The Leading Ementioning

confidence: 99%

Economic growth in a world of ideas: the US and the leading European countries

Myro¹,

Colino²,

Pérez³

2008

Applied Economics

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“…This is because of using Solow model assumptions [37] (constant returns to scale, competitive market, and not short run fixities) can produce biased residuals as is mentioned by Atella and Quintieri [4] and Coe and Helpman [10]. Moreover, based on the conclusions of Swaine [38], the economic growth in the USA corresponds to an endogenous process since he found a structural change in the trend of the per-capita income which is "inconsistent with an exogenous growth assumption, but consistent with endogenous growth.…”

Section: Empirical Modelmentioning

confidence: 94%

Impact of Renewable Energy Technology on the Economic Growth of the USA

Garces

Daim

2010

J Knowl Econ

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This paper analyzes the contributions and effects of technological innovation on the US economy. Two effects on multifactor productivity are studied: the effect of the R&D investment and the effect of the R&D investment in renewable energy technologies. A cointegration analysis is used in order to understand the dynamic relationship among variables in the short and long run. A model is built based on GPT theoretical assumptions and uses a data of 33 years of the US economy. The conclusions show that technological innovation positively affects the US economy in the long run. In addition, the R&D investment in renewable energy technology impacts the economy in the short and long run. Thus, renewable energy technologies will play an important role in the future economy.

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“…In the context of endogenous growth models, Atella & Quintieri (2001) puts in check the consummate relationship between R&D variables with the TFP. Using an Italian case study, the authors showed that R&D effects on TPF depend on: (1) the way in which the production function is defined; (2) the number of assumptions used to estimate Solow residues; (3) the level of aggregation of the data used for the empirical analysis.…”

Section: Total Factor Productivity -Tfpmentioning

confidence: 99%

R&D spillovers from international student flows: a brics analysis

Dall’agnol

Ferraz

Costa

et al. 2019

Prod.

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Paper aims: to analyze the international flow of students-both from developed and underdeveloped countries-and to observe their significance for the productivity gains of the country of origin of these students. Originality: The main contributions to the literature are the understanding of how student flows affect countries' economic growth, as well as to verify the systematic differences between the contribution of international student flows to economic growth between developed and underdeveloped countries. Research method: This empirical study performed using a data set of 87 countries, during 2001-2012 yields results that are in accordance with previous literature, supporting the hypothesis of international student flows as a significant channel of R&D spillovers from developed countries. The paper used econometric models already tested by previous studies. Main findings: The results show that BRICS countries may benefit more than other countries from such internationalization initiatives. Implications for theory and practice: The mobility of international students is currently an important political issue in the world. These formal or informal links between agents from diverse countries result in an exchange of ideas, experiences and knowledge potentially generating new business opportunities for developing economies.

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Do R&D expenditures really matter for TFP?

Cited by 28 publications

References 11 publications

Economic growth in a world of ideas: the US and the leading European countries

Economic growth in a world of ideas: the US and the leading European countries

Impact of Renewable Energy Technology on the Economic Growth of the USA

R&D spillovers from international student flows: a brics analysis

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