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Industry-level Output Price Indexes for R&D: An Input-cost Approach with R&D Productivity Adjustment

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  • Carol Robbins
  • Olympia Belay
  • Matthew Donahoe
  • Jennifer Lee

    (Bureau of Economic Analysis)

Abstract

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Suggested Citation

  • Carol Robbins & Olympia Belay & Matthew Donahoe & Jennifer Lee, 2012. "Industry-level Output Price Indexes for R&D: An Input-cost Approach with R&D Productivity Adjustment," BEA Working Papers 0090, Bureau of Economic Analysis.
    • Handle: RePEc:bea:wpaper:0090
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    References listed on IDEAS

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    1. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343, National Bureau of Economic Research, Inc.
    2. Zvi Griliches, 1984. "R&D, Patents, and Productivity," NBER Books, National Bureau of Economic Research, Inc, number gril84-1.
    3. Adam M. Copeland & Gabriel W. Medeiros & Carol A. Robbins, 2007. "Estimating Prices for R&D Investment in the 2007 R&D Satellite Account," BEA Papers 0083, Bureau of Economic Analysis.
    4. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    5. Tong, Xuesong & Frame, J. Davidson, 1994. "Measuring national technological performance with patent claims data," Research Policy, Elsevier, vol. 23(2), pages 133-141, March.
    6. repec:fth:harver:1473 is not listed on IDEAS
    7. Adam Copeland & Dennis Fixler, 2012. "Measuring The Price Of Research And Development Output," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 58(1), pages 166-182, March.
    8. Ernst Berndt & Iain Cockburn & Karen Grépin, 2006. "The Impact of Incremental Innovation in Biopharmaceuticals," PharmacoEconomics, Springer, vol. 24(2), pages 69-86, December.
    9. Schankerman, Mark & Lanjouw, Jean, 2002. "Research Productivity and Patent Quality: Measurement with Multiple Indicators," CEPR Discussion Papers 3623, C.E.P.R. Discussion Papers.
    10. Edwin Mansfield, 1987. "Price Indexes for R and D Inputs, 1969--1983," Management Science, INFORMS, vol. 33(1), pages 124-129, January.
    11. Ariel Pakes & Margaret Simpson, 1989. "Patent Renewal Data," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1989 Micr), pages 331-410.
    12. Mansfield, Edwin & Romeo, Anthony & Switzer, Lorne, 1983. "R&D price indexes and real R&D expenditures in the United States," Research Policy, Elsevier, vol. 12(2), pages 105-112, April.
    13. Jean O. Lanjouw & Mark Schankerman, 2004. "Patent Quality and Research Productivity: Measuring Innovation with Multiple Indicators," Economic Journal, Royal Economic Society, vol. 114(495), pages 441-465, April.
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    Citations

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    Cited by:

    1. Viktor Slavtchev & Simon Wiederhold, 2016. "Does the Technological Content of Government Demand Matter for Private R&D? Evidence from US States," American Economic Journal: Macroeconomics, American Economic Association, vol. 8(2), pages 45-84, April.
    2. Ralph S. J. Koijen & Tomas J. Philipson & Harald Uhlig, 2016. "Financial Health Economics," Econometrica, Econometric Society, vol. 84, pages 195-242, January.
    3. Andrea Caggese & Ander Pérez-Orive, 2017. "Capital Misallocation and Secular Stagnation," Finance and Economics Discussion Series 2017-009, Board of Governors of the Federal Reserve System (U.S.).
    4. Carol Corrado & Jonathan Haskel & Cecilia Jona-Lasinio & Massimiliano Iommi, 2022. "Intangible Capital and Modern Economies," Journal of Economic Perspectives, American Economic Association, vol. 36(3), pages 3-28, Summer.
    5. Michel Dumont, 2015. "Working Paper 05-15 - Evaluation of federal tax incentives for private R&D in Belgium: An update," Working Papers 1505, Federal Planning Bureau, Belgium.
    6. Jonathan Gruber & Simon Johnson & Enrico Moretti, 2023. "Place-Based Productivity and Costs in Science," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 2(1), pages 167-184.

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    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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