R&D activity and cross-country growth comparisons

Maury Gittleman, Edward N. Wolff

    Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

    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)
    Title of host publicationTrade, growth, and technical change
    EditorsDaniele Archibugi, Jonathan Michie
    PublisherCambridge University Press
    Pages98-121
    StatePublished - 1998

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    ASJC Scopus subject areas

    • Economics and Econometrics

    Cite this

    Gittleman, M., & Wolff, E. N. (1998). R&D activity and cross-country growth comparisons. In D. Archibugi, & J. Michie (Eds.), Trade, growth, and technical change (pp. 98-121). Cambridge University Press.