Munich Personal RePEc Archive

Productivité et R&D au Luxembourg

Bianco, Dominique and Salies, Evens (2009): Productivité et R&D au Luxembourg.

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Abstract

A way to test the relevance of endogenous growth theory is to test this existence of the relationship between innovation and total factor productivity at the country level. More recently this approach has been extended to take account of externalities induced by innovation activities from foreign countries. This article is an attempt to test this relationship in the case of an often neglected country, Luxembourg, from a vector error correction model. This more flexible approach than those that relate productivity to innovation ad hoc, allows us to test the exogenous nature of externalities induced by R&D activities from abroad.

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