期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2009
卷号：1
出版社：Monash University
摘要：Using over half a century of R&D data for India, this paper tests whether the second-generation
endogenous growth theories are consistent with India¡¯s growth experience. Furthermore, the paper
also examines the extent to which growth in India can be explained by R&D activity, international
R&D spillovers, catch-up to the technology frontier and policy reforms. The empirical results show
that the growth in India over the past five decades has been significantly driven by research
intensity following the predictions of Schumpeterian growth theory.
