Munich Personal RePEc Archive

Research Effort and Economic Growth

Razzak, Weshah (2021): Research Effort and Economic Growth. Forthcoming in: Journal of the Knowledge Economy

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Endogenous growth models based on micro-foundations predict that total factor productivity (TFP) growth is positively associated with effective research effort. We use macroeconomic-pooled time series-cross sectional data for the G7 countries from 2000 to 2017 to provide a robust estimate of this positive effect of research effort on TFP growth.

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