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Losing The Edge At The Final Frontier: A Relative Decline In Scientific Inputs And Its Consequences

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  • Basuchoudhary, Atin
  • Reksulak, Michael

Abstract

This paper proposes a model of scientific output utilizing a Cobb-Douglas production function. We employ a newly available panel dataset to analyze patterns of investment in research across countries and their consequences for research leadership. Results suggest some evidence that the demographic mix of a country may matter more than previously thought in determining scientific output relative to R&D spending and the existing stock of scientific output.

Suggested Citation

  • Basuchoudhary, Atin & Reksulak, Michael, 2007. "Losing The Edge At The Final Frontier: A Relative Decline In Scientific Inputs And Its Consequences," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(2), pages 23-36.
  • Handle: RePEc:eaa:aeinde:v:7:y:2007:i:2_2
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    References listed on IDEAS

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    7. Knack, Stephen & Keefer, Philip, 1995. "Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Indicators," MPRA Paper 23118, University Library of Munich, Germany.
    8. Milena Holmgren & Stefan A Schnitzer, 2004. "Science on the Rise in Developing Countries," PLOS Biology, Public Library of Science, vol. 2(1), pages 1-1, January.
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    Cited by:

    1. Jürgen Janger & Agnes Kügler & Andreas Reinstaller & Fabian Unterlass, 2017. "Austria 2025 – Looking Out For the Frontier(s): Towards a New Framework For Frontier Measurement in Science, Technology and Innovation," WIFO Studies, WIFO, number 59289.

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    More about this item

    Keywords

    Technological Change; Public Policy; Demographics; R&D;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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