On the robustness of R&D

被引：23

作者：

Luintel, Kul B. ^{[1
]}

Khan, Mosahid ^{[2
]}

Theodoridis, Konstantinos ^{[3
]}

机构：

[1] Cardiff Business Sch, Cardiff, S Glam, Wales

[2] WIPO, Geneva, Switzerland

[3] Bank England, London, England

来源：

JOURNAL OF PRODUCTIVITY ANALYSIS | 2014年 / 42卷 / 02期

关键词：

R&D capital stock; Multifactor productivity; Heterogeneity; Panel cointegration; Bootstrap simulations; PANEL UNIT-ROOT; DEVELOPMENT SPILLOVERS; GROWTH; TESTS; TECHNOLOGY; PRODUCTIVITY; COINTEGRATION; TRADE; PERFORMANCE; INVESTMENT;

D O I：

10.1007/s11123-013-0360-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Alternative models of productivity predict a range of its determinants besides that of research and development (R&D). We investigate the robustness of R&D vis-A -vis a dozen productivity determinants in a panel of 16 Organisation for Economic Co-operation and Development countries through panel cointegration, bootstrap simulations and extensive sensitivity tests. Domestic knowledge stocks, international knowledge diffusion and human capital remain robust across all measures. The cross-country differences in accumulated knowledge stocks and human capital appear to explain productivity differences across countries.

引用

页码：137 / 155

页数：19

共 65 条

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