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An improved theoretical ground for the linear feedback model and a new indicator

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  • Yoshitsugu Kitazawa

    (Faculty of Economics, Kyushu Sangyo University)

Abstract

This paper describes a lucid theoretical ground for the linear feedback model proposed by Blundell et al. (2002) and further proposes the indicator on the initial knowledge storage in the framework of the linear feedback model. The values of the indicator are calculated with the estimation results conducted by Blundell et al. (2002). Further, the GMM estimations of the linear feedback model are conducted by using the stationarity moment conditions customized to needs of count panel data, in order to calculate the values of the indicator.

Suggested Citation

  • Yoshitsugu Kitazawa, 2012. "An improved theoretical ground for the linear feedback model and a new indicator," Discussion Papers 58, Kyushu Sangyo University, Faculty of Economics.
    • Handle: RePEc:kyu:dpaper:58
    as

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    File URL: http://www.ip.kyusan-u.ac.jp/keizai-kiyo/dp58.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    linear feedback model; knowledge production; initial knowledge storage; patents-R&D relationship; GMM;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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