R&D and productivity growth: evidence from firm-level data for the Netherlands

Bartelsman, Eric and van Leeuwen, George and Nieuwenhuijsen, Henry and Zeelenberg, Kees (1996): R&D and productivity growth: evidence from firm-level data for the Netherlands. Published in: Netherlands Official Statistics , Vol. 1996, No. 3 (1996): pp. 52-69.

Abstract

This article presents evidence on the links between R&D and productivity for manufacturing firms in the Netherlands. The study provides estimates of the output elasticity of the R&D stock and of the private rate of return to R&D. The article applies the methodology used by Hall and Mairesse (1995) to a panel dataset of R&D performing firms in the Netherlands, with some minor modifications. First, a correction for sample selection bias is used in an attempt to adjust the results for possible bias arising when the basic methodology is applied to the R&D survey for the Netherlands. Next, more complete adjustment is made to the resource input data to correct for the ’double counting’ of R&D inputs. Lastly, an attempt is made to correct for heteroskedasticity in the error term of the basic model. The study makes use of linked files of the R&D surveys and the annual production statistics collected by Statistics Netherlands for the years 1985, 1989, and 1993.

• Item Type: MPRA Paper
• Language: English
• Keywords: R&D, productivity, Netherlandss
• Subjects: D - Microeconomics > D2 - Production and Organizations > D22 - Firm Behavior: Empirical Analysis; L - Industrial Organization > L6 - Industry Studies: Manufacturing; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O12 - Microeconomic Analyses of Economic Development; 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

References

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