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  • 标题:Heterogeneous Ideas Production and Endogenous Growth: An Empirical Investigation
  • 本地全文:下载
  • 作者:Luintel ; Kul B,Khan, Mosahid
  • 期刊名称:Cardiff Economics Working Papers / Cardiff University, Cardiff Business School
  • 印刷版ISSN:1749-6101
  • 出版年度:2008
  • 卷号:2008
  • 出版社:Cardiff University
  • 摘要:We examine the dynamics of ideas production and knowledge-productivity relationship in a panel of 19 OECD countries. A new data set of triadic patents is used. We rigorously address the issues of cross-country heterogeneity and endogeneity. Domestic and foreign ideas stocks exert positive but heterogeneous effects on ideas production. We find evidence of duplicate R&D but little support for endogenous growth. Countries with low domestic ideas bases could considerably improve productivity through ideas accumulation; however, this effect is modest for countries with sizeable ideas bases. An implication is that country-specific R&D policy appears potentially more effective than the one-size-fits-all approach.
  • 关键词:Knowledge Stocks ; Dynamic Heterogeneity ; TFP ; Methods of Moments ;
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