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Scale effect on endogenous growth: an evaluation

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  • francesco schettino

    (Università di roma La Sapienza)

Abstract

The aim of this paper is to empirically evaluate the “scale effect” as in Segerstrom (1998). To this end, we firstly build a new concordance table between SIC and USPCS codes. Then we analyze the difficulty index of each U.S. manufacturing industry using the patents forward citations data. Finally we evaluate by SUR method the relation between the difficulty index and the number of S&E by industry. Our investigation concludes showing that in the traditional sectors the “scale effect” is lower than in the new ones.

Suggested Citation

  • francesco schettino, 2009. "Scale effect on endogenous growth: an evaluation," Economics Bulletin, AccessEcon, vol. 29(1), pages 205-213.
  • Handle: RePEc:ebl:ecbull:eb-08o30012
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    References listed on IDEAS

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    1. Bronwyn H. Hall & Adam B. Jaffe & Manuel Trajtenberg, 2001. "The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools," NBER Working Papers 8498, National Bureau of Economic Research, Inc.
    2. Francesco Schettino, 2007. "Us Patent Citations Data And Industrial Knowledge Spillovers," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(8), pages 595-633.
    3. Segerstrom, Paul S, 1998. "Endogenous Growth without Scale Effects," American Economic Review, American Economic Association, vol. 88(5), pages 1290-1310, December.
    4. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 251-286, January.
    5. Francesco Schettino, 2005. "The Role of Anti-Spying Acts on R&D Patents Dynamics," Rivista di Politica Economica, SIPI Spa, vol. 95(5), pages 125-142, September.
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    More about this item

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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