R&D activity and cross-country growth comparisons

Maury Gittleman, Edward Wolff

    Research output: Contribution to journalArticle

    Abstract

    We use cross-national data on real GDP per capita, obtained from the Penn World Table (Mark V), and on expenditures for R&D and the number of scientists and engineers engaged in R&D per capita, taken from UNESCO Statistical Yearbooks, covering the period 1960-1988. We find that R&D activity is significant in explaining cross-national differences in growth only among the more developed countries. Among middle income and less developed ones, the effects are insignificant. Our analysis also suggests that R&D activity has changed in importance over time, with returns to R&D diminishing sharply between the 1960s and 1970s, followed by a modest recovery in the 1980s. / 1995 Academic Press Limited.

    Original languageEnglish (US)
    Pages (from-to)189-207
    Number of pages19
    JournalCambridge Journal of Economics
    Volume19
    Issue number1
    StatePublished - Feb 1995

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    Cross-national
    GDP per capita
    Income
    Real GDP
    Engineers
    Expenditure
    Developed countries

    ASJC Scopus subject areas

    • Economics and Econometrics

    Cite this

    Gittleman, M., & Wolff, E. (1995). R&D activity and cross-country growth comparisons. Cambridge Journal of Economics, 19(1), 189-207.

    R&D activity and cross-country growth comparisons. / Gittleman, Maury; Wolff, Edward.

    In: Cambridge Journal of Economics, Vol. 19, No. 1, 02.1995, p. 189-207.

    Research output: Contribution to journalArticle

    Gittleman, M & Wolff, E 1995, 'R&D activity and cross-country growth comparisons', Cambridge Journal of Economics, vol. 19, no. 1, pp. 189-207.
    Gittleman, Maury ; Wolff, Edward. / R&D activity and cross-country growth comparisons. In: Cambridge Journal of Economics. 1995 ; Vol. 19, No. 1. pp. 189-207.
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