Mamatzakis, E (2009): The Contribution of the Publicly Funded R&D Capital to Productivity Growth and an application to the Greek food and beverages industry.
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This paper follows the dual cost function methodology and develops a theoretical specification that assesses the contribution of public R&D capital to the productivity growth. The empirical application focuses on Greek food and beverages industry. For this purpose it employs a micro-aggregated annual data set over the period 1976-2002. The regression analysis shows that publicly funded R&D capital is a productive input as 8.7 percent and 7.3 percent of the total factor productivity growth in the food industry and in the beverages industry respectively is attributed to the publicly funded R&D capital. The relationship between publicly funded R&D and private purchased inputs is also examined.
|Item Type:||MPRA Paper|
|Original Title:||The Contribution of the Publicly Funded R&D Capital to Productivity Growth and an application to the Greek food and beverages industry|
|Keywords:||Public R&D; Productivity Growth; Rate of return.|
|Subjects:||L - Industrial Organization > L6 - Industry Studies: Manufacturing
O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D
|Depositing User:||emmanuel c mamatzakis|
|Date Deposited:||17. Dec 2009 09:00|
|Last Modified:||12. Mar 2015 19:28|
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