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R&D Activity and Cross-Country Growth Comparisons

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  • Gittleman, Maury B
  • Wolff, Edward N

Abstract

We use cross-national data on real GDP per capita, obtained from the Penn World Table (Mark V), and on expenditures for R&D and the number of scientists and engineers engaged in R&D per capita, taken from UNESCO Statistical Yearbooks, covering the period 1960-88. We find that R&D activity is significant in explaining cross-national differences in growth only among the more developed countries. Among middle income and less developed ones, the effects are insignificant. Our analysis also suggests that R&D activity has changed in importance over time, with returns to R&D diminishing sharply between the 1960s and 1970s, followed by a modest recovery in the 1980s. (c) 1995 Academic Press, Inc. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Gittleman, Maury B & Wolff, Edward N, 1995. "R&D Activity and Cross-Country Growth Comparisons," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 19(1), pages 189-207, February.
    • Handle: RePEc:oup:cambje:v:19:y:1995:i:1:p:189-207
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    Cited by:

    1. Fofack, Hippolyte, 2008. "Technology trap and poverty trap in Sub-Saharan Africa," Policy Research Working Paper Series 4582, The World Bank.
    2. Fulvio Castellacci, 2007. "Technological regimes and sectoral differences in productivity growth ," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(6), pages 1105-1145, December.
    3. Louise Keely, 2001. "Using Patents In Growth Models," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 10(6), pages 449-492.
    4. Wolff, Edward N., 2000. "Human capital investment and economic growth: exploring the cross-country evidence," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 433-472, December.
    5. Michael Fritsch & Alina Rusakova, 2010. "Entrepreneurship and Cultural Creativity," Jena Economics Research Papers 2010-001, Friedrich-Schiller-University Jena.
    6. Jens Krueger & Uwe Cantner & Horst Hanusch, 1998. "Explaining International Productivity Differences," Discussion Paper Series 179, Universitaet Augsburg, Institute for Economics.
    7. Ramesh Chandra Das & Sujata Mukherjee, 2020. "Do Spending on R&D Influence Income? An Enquiry on the World’s Leading Economies and Groups," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1295-1315, December.
    8. Mr. Philip R. Gerson, 1998. "The Impact of Fiscal Policy Variables on Output Growth," IMF Working Papers 1998/001, International Monetary Fund.
    9. Müller, Ralf, 2001. "Braucht Ostdeutschland eine neue Technologiepolitik? - Implikationen aus der Funktionsfähigkeit des Marktes für FuE nach der Transformation," IWH Discussion Papers 145/2001, Halle Institute for Economic Research (IWH).
    10. Korres, George & Iosifides, Theodoros, 2002. "The impact of foreign direct investment and technical change on regional growth," ERSA conference papers ersa02p015, European Regional Science Association.
    11. Michael Fritsch & Alina Sorgner, 2013. "Entrepreneurship and Creative Professions - A Micro-Level Analysis," Jena Economics Research Papers 2013-005, Friedrich-Schiller-University Jena.
    12. Mark Rogers, 2003. "A Survey of Economic Growth," The Economic Record, The Economic Society of Australia, vol. 79(244), pages 112-135, March.
    13. Krüger Jens J. & Cantner Uwe & Hanusch Horst, 2003. "Explaining International Productivity Differences / Erklärung internationaler Produktivitätsunterschiede," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 223(6), pages 659-679, December.
    14. Erdal Gumus & Ferdi Celikay, 2015. "R&D Expenditure and Economic Growth: New Empirical Evidence," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 9(3), pages 205-217, August.
    15. Daniels, Peter L., 1996. "Technology investment and growth in economic welfare," World Development, Elsevier, vol. 24(7), pages 1243-1266, July.
    16. Chen, Shunlong & Arun, Thankom G., 2004. "Openness, Technological Capabilities and Regional Disparities in China," Centre on Regulation and Competition (CRC) Working papers 30622, University of Manchester, Institute for Development Policy and Management (IDPM).
    17. Bart Verspagen, 1997. "Estimating international technology spillovers using technology flow matrices," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 133(2), pages 226-248, June.
    18. Castellacci, Fulvio, 2008. "Innovation and the competitiveness of industries: comparing the mainstream and the evolutionary approaches," MPRA Paper 27523, University Library of Munich, Germany.
    19. Jan Fagerberg & Martin Srholec, 2004. "Structural Changes in International Trade. Cause, Impact and Response," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1071-1097.

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